109explain the impact of the internet on the economic

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Electronic Commerce
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Chapter 1 / Exercise 3
Electronic Commerce
Schneider
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109.Explain the impact of the Internet on the economic development. 110.What are the various marketing functions performed when the marketing process in a country is in the commercial-transition substage? 111.With reference to the North American Free Trade Agreement (NAFTA), explain the term ‘rules of origin’. 112.Discuss the features of Mercosur and its role in improving trade associations among American nations. 113.Why was Caribbean Community and Common Market (CARICOM) created? What are its goals?
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Electronic Commerce
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Electronic Commerce
Schneider
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ch09 Key
37. C 38. C 39. C 40. C 41. B 42. A 43. (p. 252) D 44. D 45. A 46. D 47. C 48. C 49. C 50. (p. 254) C 51. C 52. C 53. B 54. D 55. A 56. C 57. C 58. B 59. A 60. D 61. B 62. E 63. B 64. A 65. D 66. E 67. A 68. C 69. E 70. A 71. E 72. B 73. A 74. E
75. B 76. D 77. D 78. C 79. E 80. E 81. C 82. D 83. C 84. D 85. D 86. D 87. D 88. A 89. C 90. C 91. E 92. B 93. A 94. E 95. B 96. C 97. B 98. E 99. E 100. D 101. C 102. A 103. C 104. Time zones make a difference. Jet lag is an important problem. Virtual meetings across time zones are more than just inconvenient; they can disrupt sleep and family life. Among three kinds of distances that international marketers must traverse-miles, time zones, and cultural distances- time zones have the greatest influence on the success of their commercial efforts abroad. Moreover, most countries also maintain good trade relationships with contiguous countries. Thus, we can also see an associated pattern of economic growth and global trade that will extend well into the 21st century. It consists of three multinational market regions that comprise major trading blocs: the Americas, Europe, and Asia. Further, the common time zones give the Europeans advantages in both Africa and the Middle East. Within each trading bloc are fully industrialized countries, as typified by the United States, Germany, and Japan; rapidly industrializing countries such as Brazil, Russia, and China that are close on the heels of the fully industrialized; and other countries that are achieving economic development but at more modest rates. Many American companies have organized their international operations according to these geographic or temporal.
105. Not many years ago, large parts of the developing world were hostile to foreign investment and imposed severe regulatory barriers to foreign trade. But few nations are content with the economic status quo; now, more than ever, they seek economic growth, improved standards of living, and an opportunity for the good life as part of the global consumer world. The transition from socialist to market-driven economies, the liberalization of trade and investment policies in developing countries, the transfer of public-sector enterprises to the private sector, and the rapid development of regional market alliances are changing the way countries will trade and prosper in the 21st century. Argentina, Brazil, Mexico,

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