1. Which of the following objectives is not achieved through the tse of lower transfer prices? a. Improving the competitive position of a foreign operation. b. Minimizing import duties. c. Protecting foreign currency cash flows from currency devaluation. d. Minimizing income taxes when transferring to a lower-tax country. 2. Which of the following methods does U.S. tax law always require to be used in pricing intercompany transfers of tangible property? a. Comparable uncontrolled price method. b. Comparable profits method. c. Cost-plus method. d. Best method. 3. Which international organization has developed transfer pricing guidelines that are used as the basis for transfer pricing laws in several countries? a. World Bank. b. Organization for Economic Cooperation and Development. c. United Nations. d. International Accounting Standards Board