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Because of its low corporate tax rate relative to the United States, Ireland has become a popular manufacturing location for U.S. pharmaceutical companies. Products are

Because of its low corporate tax rate relative to the United States, Ireland has become a popular manufacturing location for U.S. pharmaceutical companies. Products are manufactured in Ireland and then shipped globally and priced accordingly. A practice that enables a company to sell products within its own international business units and recognize its profits in a lower-tax country is commonly referred to as: ethnocentric pricing. gray marketing. O transfer pricing. export accounting

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