17 the quality of an infrastructure directly affects

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17.The quality of an infrastructure directly affects a country’s economic growth potential.
18.The more developed an economy, the lesser the variety of marketing functions demanded.
19.When the only marketing functions performed are demand creation and physical distribution, the marketing process is said to be in the mass distribution substage.
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.

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