What is the relationship between tables behind such logic?

Question

SQL

A product may have several prices depending on the country. There can also be many countries.
Does this directly mean the relation of the Products -> ProductsPrices tables as one to many?

Answer 1

A product may have several prices depending on the country.

Well, you yourself wrote, one product -> several prices. Communication: one to many.

Answer 2

Yes

Answer 3

If the database natively supports json fields, then the second table is not required.