International Marketing 17th Edition By Philip R – John L -Test Bank

International Marketing 17th Edition By Philip R – John L -Test Bank

Chapter 09
Economic Development and the Americas

True / False Questions

1. Among three kinds of distances that international marketers must traverse, time zones have the greatest influence on the success of their commercial efforts abroad.

True False

2. Brazil is a fully industrialized country.

True False

3. The liberalization of trade and investment policies in developing countries are changing the way countries will trade and prosper in the 21st century.

True False

4. The level of political stability in a country is the single most important environmental element to which the foreign marketer must adjust the marketing task.

True False

5. In static economies, consumption patterns change rapidly.

True False

6. Economic development means rapid economic growth and increases in consumer demand.

True False

7. According to the UN classification, industrially developing countries just entering world trade with relatively low per capita incomes are referred to as more-developed countries.

True False

8. The UN classification has been criticized because it no longer seems relevant in the rapidly industrializing world.

True False

9. The newly industrialized countries have per capita incomes lower than LDCs.

True False

10. Considering the United Nations’ stages of economic development for classifying countries with respect to levels of industrialization, Brazil falls under the group of more-developed countries (MDCs).

True False