U15_P1_2_International Pricing and Terms of Sales.mp4 Complete the checklist according to structure of the short lecture of the given video. Yes No The Big Mac Index tells us that prices for the same product in different countries. Trade barriers increase costs in international market. There are 4 different pricing approaches. Price discrimination does not mean price differentiation. Factors affecting the price discrimination can be customer related, supply related, competition related and other related external factors. International trade financing can only be short-term pr long-term. Letter of credit is the middle ground for trade financing. Discretionary discounts are worse for international trade.