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Cultural variables can affect international trade. In terms of what you learned about price, describe the...

Cultural variables can affect international trade. In terms of what you learned about price, describe the kinds of problems that usually come up during international business negotiations. What kind of research can you do in anticipation of an upcoming international price negotiation?

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Cultural behaviors do play a significant role in international trade. Many a time the language, taste, body language, religious beliefs are different in different countries soo in negotiation for international trades we should consider these things. For example in India people there doesn't like beef and you can't sell beef there. There may be outrage from people. So these things should be kept in mind. In terms of cultural variables and pricing, Let us say the value of hair trimmer is not much in Chin then on the basis of that we should do price negotiations.

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