20.The marketing process substage in the United States economy from 1950 to the present ismass production.
21.When the marketing process in a country is in the commercial transition substage, the onlymarketing function performed is physical distribution.
22.Big emerging markets are of major political importance within their regions.
23.What is occurring in the BEMs is analogous to the situation after World War II when tremendous demand was created during the reconstruction of Europe.
24.Uruguay is a member of NAFTA.
25.The United States-Canada Free Trade Area (CFTA) was a customs union like the European Community.