Assignment:
Q1. What are the basic elements of Markel’s pricing policy? Does this pricing policy reduce its currency risk? Explain.
Q2. Does locking in Markel’s dollar costs of raw materials through multiyear dollar contracts automatically reduce the company’s currency exposure?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.