MKTG Concepts Ch 18: Marketing in a Global Economy

International free trade efforts include increasing the use of subsides, quotas, and tariffs.

The decisions of businesses to become involved in international business are carfeully planned

There is almost no foreign investment in the united states by companies from other countries

Because of cultural and language barriers, there is very little international trade in services

Most countries in the world have industrial economies

The total value of goods produced in the world is growing rapidly having doubled in 5 years

A multination company usually competes with the same countries no matter part of the world

A country's gross international income is usually larger than its gross domestic product

There is almsot no simularity in the way a company markets internationally or in home country