Cost
See Item Costing Method and Related Fields.
Price
See Item Pricing Method and Related Fields.
List
This is the product's list price.
Base pricing on foreign currency
On the pricing tab, there is a “Base pricing on foreign currency" option. This feature allows you to enter the foreign prices of products that you purchase from foreign countries into the product definition in the product database. QuoteWerks then calculates the cost of the product in your local currency using an exchange rate. See International Features for details.