Question 1 (a) Discuss the concept of price escalation and why it can mislead an international Market. How can this p

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answerhappygod
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Question 1 (a) Discuss the concept of price escalation and why it can mislead an international Market. How can this p

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Question 1
(a) Discuss the concept of price escalation
and why it can mislead an international Market. How can this
problem be counter-acted?
(10 marks)
(b) What are the causes of price escalation?
Do they differ for export and good produced and sold in the foreign
country?
(10 marks)
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