Chap009 - Chapter 09 Emerging Markets Chapter 09 Emerging...

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Chapter 09 - Emerging Markets Chapter 09 Emerging Markets True / False Questions 1. (p. 246) The transfer of public-sector enterprises to the private sector creates opportunities for international marketers. TRUE Difficulty: Easy Type: Comprehension 2. (p. 246) The standard for making profit is the single most important environmental element to which the foreign marketer must adjust the marketing task. FALSE Difficulty: Hard Type: Comprehension 3. (p. 247) The current level of economic development within a country dictates the kind and degree of market potential that exists. TRUE Difficulty: Moderate Type: Comprehension 4. (p. 247) The expansion of military interventions around the world is one of the factors changing the way countries trade and prosper in the 21st century. FALSE Difficulty: Moderate Type: Comprehension 9-1
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5. (p. 247) Capital development is generally understood to mean an increase in national production results that increase in the average per capita gross domestic product. FALSE Difficulty: Hard Type: Application 6. (p. 247) In the United Nations' stages of economic development, the first group is MDCs (more-developed countries). TRUE Difficulty: Easy Type: Knowledge 7. (p. 247) With respect to the United Nations' stages of economic development, the most advanced stage is one described as industrialized countries with high per capita incomes. TRUE Difficulty: Easy Type: Knowledge 8. (p. 247-248) A good illustration of a MDC (more-developed country) is Peru. FALSE Difficulty: Moderate Type: Application 9. (p. 247) Countries characterized as being industrially underdeveloped, agrarian, a subsistence society with rural populations, an extremely low per capita income level, and has little world trade involvement, the country would be classified as a LDC (less-developed country). FALSE Difficulty: Hard Type: Application
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Chapter 09 - Emerging Markets 10. (p. 248) One of the "Four Tigers" of Southeast Asia is South Korea. TRUE Difficulty: Moderate Type: Application 11. (p. 250) One of the factors that exists that helps a NIC (newly industrializing country) to experience economic growth is economic and legal reforms. TRUE Difficulty: Moderate Type: Comprehension 12. (p. 252) Industrialization is the fundamental objective of most developing countries. TRUE Difficulty: Easy Type: Comprehension 13. (p. 253) Examples of infrastructure include automobiles, bicycles, motorcycles, and motorboats. FALSE Difficulty: Moderate Type: Comprehension 14. (p. 254, Exhibit 9.2) Miles (or kilometers) of roads, rail lines, numbers of vehicles, mobile phones, and personal computers are indicators of a country's external market structure. FALSE Difficulty: Moderate Type: Comprehension 9-3
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15. (p. 254) Countries begin to lose economic development ground when their infrastructure cannot support an expanding population and economy. TRUE
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This note was uploaded on 06/08/2011 for the course ECON 445 taught by Professor Staff during the Spring '10 term at Kansas State University.

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Chap009 - Chapter 09 Emerging Markets Chapter 09 Emerging...

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