國際市場營銷學 （原書第18版）測試題答案 Chapter 9 Economic Development and the Americas-answerkey

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InternationalMarketing,18e(Cateora)

Chapter9EconomicDevelopmentandtheAmericas

1)Ofthethreekindsofdistancesthatinternationalmarketersmusttraverse,timezoneshavethegreatestinfluenceonthesuccessoftheircommercialeffortsabroad.

Answer:TRUE

Explanation:Timezonesmakeadifference.Jetlagisanimportantproblem.Amongthreekindsofdistancesthatinternationalmarketersmusttraverse—miles,timezones,andculturaldistances—timezoneshavethegreatestinfluenceonthesuccessoftheircommercialeffortsabroad.

Difficulty:1Easy

Topic:ChallengesandOpportunitiesCreatedbyGlobalization

LearningObjective:09-01Theimportanceoftimezonesfortraderelationshipsandmarketingoperations.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

2)Theliberalizationoftradeandinvestmentpoliciesindevelopingcountrieshavelittleimpactonthewaycountrieswilltradeandprosperinthe21stcentury.

Answer:FALSE

Explanation:Thetransitionfromsocialisttomarket-driveneconomies,theliberalizationoftradeandinvestmentpoliciesindevelopingcountries,thetransferofpublic-sectorenterprisestotheprivatesector,andtherapiddevelopmentofregionalmarketalliancesarechangingthewaycountrieswilltradeandprosperinthe21stcentury.

Difficulty:1Easy

Topic:OverviewofTrade

LearningObjective:09-02Thepoliticalandeconomicchangesaffectingglobalmarketing.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

3)Thelevelofpoliticalstabilityinacountryisthesinglemostimportantenvironmentalelementtowhichtheforeignmarketermustadjustthemarketingtask.

Answer:FALSE

Explanation:Theeconomiclevelofacountryisthesinglemostimportantenvironmentalelementtowhichtheforeignmarketermustadjustthemarketingtask.Thestageofeconomicgrowthwithinacountryaffectstheattitudestowardforeignbusinessactivity,thedemandforgoods,thedistributionsystemsfoundwithinacountry,andtheentiremarketingprocess.

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

4)Consumptionpatternschangerapidlyinstaticeconomies.

Answer:FALSE

Explanation:Instaticeconomies,consumptionpatternsbecomerigid,andmarketingistypicallynothingmorethanasupplyeffort.Inadynamiceconomy,consumptionpatternschangerapidly.

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

5)Economicdevelopmenttranslatestorapideconomicgrowthandincreasesinconsumerdemand.

Answer:TRUE

Explanation:Economicdevelopment,ascommonlydefinedtoday,tendstomeanrapideconomicgrowthandincreasesinconsumerdemand—improvementsachieved"indecadesratherthancenturies."

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

6)AccordingtotheUNclassification,industriallydevelopingcountriesjustenteringworldtradewithrelativelylowpercapitaincomesarereferredtoasless-developedcountries.

Answer:TRUE

Explanation:Industriallydevelopingcountriesjustenteringworldtrade,manyofwhichareinAsiaandLatinAmerica,withrelativelylowpercapitaincomesareclassifiedasless-developedcountries(LDCs).

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

7)TheUNclassificationofcountriesbasedoneconomicdevelopmenthasbeencriticizedbecauseitnolongerseemsrelevantintherapidlyindustrializingworld.

Answer:TRUE

Explanation:TheUNclassificationhasbeencriticizedbecauseitnolongerseemsrelevantintherapidlyindustrializingworld.Also,manycountriesthatareclassifiedasLDCsareindustrializingataveryrapidrate,whereasothersareadvancingatmoretraditionalratesofeconomicdevelopment.

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

8)Chileisanewlyindustrializedcountry.Assuch,ithaspercapitaincomeslowerthanLDCs.

Answer:FALSE

Explanation:CountriesthatareexperiencingrapideconomicexpansionandindustrializationanddonotexactlyfitasLDCs(less-developedcountries)orMDCs(more-developedcountries)aremoretypicallyreferredtoasNICs(newlyindustrializedcountries).Thesecountrieshaveshownrapidindustrializationoftargetedindustriesandhavepercapitaincomesthatexceedotherdevelopingcountries.

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

9)UndertheUnitedNations'stagesofeconomicdevelopmentforclassifyingcountrieswithrespecttolevelsofindustrialization,Brazilfallsunderthegroupofmore-developedcountries(MDCs).

Answer:FALSE

Explanation:CountriesthatareexperiencingrapideconomicexpansionandindustrializationanddonotexactlyfitasLDCs(less-developedcountries)orMDCs(more-developedcountries)aremoretypicallyreferredtoasNICs(newlyindustrializedcountries).BrazilisconsideredoneoftheNICs.

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

10)Newlyindustrializedcountries(NICs)arecharacterizedbymarketswithfewerrestrictivetradepracticesandsignificantfreemarketreforms.

Answer:TRUE

Explanation:Newlyindustrializedcountries(NICs)haveshownrapidindustrializationoftargetedindustriesandhavepercapitaincomesthatexceedotherdevelopingcountries.Theyhavemovedawayfromrestrictivetradepracticesandinstitutedsignificantfreemarketreforms;asaresult,theyattractbothtradeandforeigndirectinvestment.

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Understand

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

11)MercosurisafreetradegroupformedbytheUnitedStates.

Answer:FALSE

Explanation:MercosurisafreetradegroupformedbyArgentina,Brazil,Paraguay,andUruguay.

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-04ThevarietyofstagesofeconomicdevelopmentamongAmericannations.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

12)Privatizationofstate-ownedindustriesreleasedimmediatecapitaltoinvestinstrategicareas.

Answer:TRUE

Explanation:State-ownedenterprises(SOEs)hadplacedadrainonnationalbudgets.Privatizationreleasedimmediatecapitaltoinvestinstrategicareasandgaverelieffromacontinuingdrainonfuturenationalresources.

Difficulty:1Easy

Topic:NationalizationandPrivatizationofBusiness

LearningObjective:09-05Growthfactorsandtheirroleineconomicdevelopment.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

13)HightransactioncostsassociatedwiththeuseoftheInternetpreventsmallerfirmsinemergingcountriesfromsellingintoaglobalmarket.

Answer:FALSE

Explanation:LowertransactioncostsassociatedwiththeuseoftheInternetenablesmallfirmsinAsiaorLatinAmericatoworktogethertodevelopaglobalreach.Smallerfirmsinemergingeconomiescannowsellintoaglobalmarket.

Difficulty:1Easy

Topic:HowthePhysicalEnvironmentandTechnologyInfluenceCulture

LearningObjective:09-05Growthfactorsandtheirroleineconomicdevelopment.

Bloom's:Remember

AACSB:Technology

Accessibility:KeyboardNavigation

14)Economicgrowthismeasuredsolelyineconomicgoals.

Answer:FALSE

Explanation:Economicgrowthismeasurednotsolelyineconomicgoalsbutalsoinsocialachievements.Bettereducation,betterandmoreeffectivegovernment,theeliminationofmanysocialinequities,andimprovementsinmoralandethicalresponsibilitiesaresomeoftheexpectationsofdevelopingcountries.

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-05Growthfactorsandtheirroleineconomicdevelopment.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

15)Thetrendtowardprivatizationisoccurringinindustrializedaswellasindevelopingcountries.

Answer:TRUE

Explanation:Manycountrieshavederegulatedindustry,openedtheirdoorstoforeigninvestment,loweredtradebarriers,andbegunprivatizingSOEs.Thetrendtowardprivatizationiscurrentlyamajoreconomicphenomenoninindustrializedaswellasindevelopingcountries.

Difficulty:1Easy

Topic:NationalizationandPrivatizationofBusiness

LearningObjective:09-05Growthfactorsandtheirroleineconomicdevelopment.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

16)Thequalityofaninfrastructuredirectlyaffectsacountry'seconomicgrowthpotential.

Answer:TRUE

Explanation:Thequalityofaninfrastructuredirectlyaffectsacountry'seconomicgrowthpotentialandtheabilityofanenterprisetoengageeffectivelyinbusiness.Infrastructureisacrucialcomponentoftheuncontrollableelementsfacingmarketers.

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-05Growthfactorsandtheirroleineconomicdevelopment.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

17)Amoredevelopedeconomytendstohavefewertypesofmarketingfunctionsthatareneeded.

Answer:FALSE

Explanation:Themoredevelopedaneconomy,thegreaterthevarietyofmarketingfunctionsdemanded,andthemoresophisticatedandspecializedtheinstitutionsbecometoperformmarketingfunctions.

Difficulty:2Medium

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Understand

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

18)Marketingisaneconomy'sarbitratorbetweenproductivecapacityandgrowthpotential.

Answer:FALSE

Explanation:Marketingisaneconomy'sarbitratorbetweenproductivecapacityandconsumerdemand.

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

19)AccordingtoJagdishSheth,ratherthandiffusionofinnovations,thefocusofnewproductdevelopmentshouldbeonaffordabilityandaccessibility.

Answer:TRUE

Explanation:Amongrecommendationsforchangesinmarketingtheory,strategy,andpolicy,Shethliststhreeadaptationsformarketingpracticeinemergingmarkets.Oneofthemis,thefocusofnewproductdevelopmentshouldbeonaffordabilityandaccessibility.

Difficulty:1Easy

Topic:ThePotential,Risks,andChallengesofEmergingMarkets

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

20)Forinternationalmarketing,thelevelofmarketdevelopmentparallelsthestagesofeconomicdevelopment.

Answer:TRUE

Explanation:Thelevelofmarketdevelopmentroughlyparallelsthestagesofeconomicdevelopment.Themoredevelopedaneconomy,thegreaterthevarietyofmarketingfunctionsdemanded,andthemoresophisticatedandspecializedtheinstitutionsbecometoperformmarketingfunctions.

Difficulty:1Easy

Topic:ThePotential,Risks,andChallengesofEmergingMarkets

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

21)IntheUnitedStates,thevastmajorityofthepopulationlivesinurbanareasandhashigherearningsthanthosewholiveinruralareas.

Answer:TRUE

Explanation:IntheUnitedStates81percentofinhabitantsliveinurbanareas.Thedisposableincomegapbetweenurbanandruralalsovariesacrosscountries.IntheU.S.urbandwellersonaverageearn19percentmorethantheirruralcousin.

Difficulty:1Easy

Topic:GeographicalImplicationsthatAffectTrade

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

22)Bigemergingmarketsareofmajorpoliticalimportancewithintheirregions.

Answer:TRUE

Explanation:Bigemergingmarketshaveundertakensignificantprogramsofeconomicreformandareofmajorpoliticalimportancewithintheirregions.

Difficulty:1Easy

Topic:ThePotential,Risks,andChallengesofEmergingMarkets

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

23)PolandhasbeenidentifiedasabigemergingmarketbytheDepartmentofCommerce.

Answer:TRUE

Explanation:India,China,Brazil,Mexico,Poland,Turkey,andSouthAfricaareprominentexamplesofcountriestheDepartmentofCommercehasidentifiedasBEMs.

Difficulty:1Easy

Topic:ThePotential,Risks,andChallengesofEmergingMarkets

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

24)CanadaisamemberofNAFTA.

Answer:TRUE

Explanation:ThethreemembersofNAFTAaretheUnitedStates,Canada,andMexico.

Difficulty:1Easy

Topic:NorthAmerica'sMarketplaceintheWorldEconomy

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

25)TheUnitedStates–CanadaFreeTradeArea(CFTA)wasacustomsunionliketheEuropeanCommunity.

Answer:FALSE

Explanation:TheagreementbetweentheUnitedStatesandCanadawasnotacustomsunionliketheEuropeanCommunity;noeconomicorpoliticalunionofanykindwasinvolved.Itprovidedonlyfortheeliminationoftariffsandothertradebarriers.

Difficulty:1Easy

Topic:NorthAmerica'sMarketplaceintheWorldEconomy

LearningObjective:09-06Marketingscontributiontothegrowthanddevelopmentofacountry'seconomy.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

26)TheDR-CAFTAincludesawidearrayoftariffreductionsaimedatincreasingtradeandemployment.

Answer:TRUE

Explanation:TheCentralAmerica–DominicanRepublic–UnitedStatesFreeTradeAgreement(DR-CAFTA)includesawidearrayoftariffreductionsaimedatincreasingtradeandemploymentamongthesevensignatories.Thus,itrepresentsanotherimportantsteptowardtheultimategoalofafreetradeagreementencompassingalltheAmericas.

Difficulty:1Easy

Topic:TradePolicyandGovernmentInterventioninInternationalTrade

LearningObjective:09-07ThefoundationalmarketmetricsofAmericannations.

Bloom's:Understand

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

27)Mercosuristhelargestcommon-marketagreementintheAmericas.

Answer:FALSE

Explanation:SouthernConeFreeTradeArea(Mercosur)isthesecond-largestcommon-marketagreementintheAmericasafterNAFTA.

Difficulty:1Easy

Topic:TradePolicyandGovernmentInterventioninInternationalTrade

LearningObjective:09-08ThegrowingimportanceoftradingassociationsamongAmericannations.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

28)TheMercosuroriginallyenvisionedcentralinstitutionssimilartothoseoftheEuropeanUnioninstitutions.

Answer:FALSE

Explanation:SouthernConeFreeTradeArea(Mercosur)memberswereconcernedaboutsacrificingsovereigncontrolovertaxesandotherpolicymatters;hencetheagreementenvisionednocentralinstitutionssimilartothoseoftheEuropeanUnioninstitutions.

Difficulty:1Easy

Topic:TradePolicyandGovernmentInterventioninInternationalTrade

LearningObjective:09-08ThegrowingimportanceoftradingassociationsamongAmericannations.

Bloom's:Understand

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

29)OneofthemostimportantaspectsoftheLatinAmericanIntegrationAssociation(LAIA)thatdiffersfromLAFTA,itspredecessor,isthedifferentialtreatmentofmembercountriesaccordingtotheirlevelofeconomicdevelopment.

Answer:TRUE

Explanation:OneofthemostimportantaspectsofLAIAthatdiffersfromLAFTA,itspredecessor,isthedifferentialtreatmentofmembercountriesaccordingtotheirlevelofeconomicdevelopment.

Difficulty:1Easy

Topic:TradePolicyandGovernmentInterventioninInternationalTrade

LearningObjective:09-08ThegrowingimportanceoftradingassociationsamongAmericannations.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

30)Asacountrydevelops,marketbehaviorchangesandeventuallyitleadstomarketsegmentation.

Answer:TRUE

Explanation:Asacountrydevelops,incomeschange,populationconcentrationsshift,expectationsforabetterlifeadjusttohigherstandards,newinfrastructuresevolve,andsocialcapitalinvestmentsaremade.Marketbehaviorchanges,andeventuallygroupsofconsumerswithcommontastesandneeds(i.e.,marketsegments)arise.

Difficulty:1Easy

Topic:TheRoleoftheMarketingMixinInternationalMarketing

LearningObjective:09-08ThegrowingimportanceoftradingassociationsamongAmericannations.

Bloom's:Understand

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

31)WhichcountryisanMDC(more-developedcountry)?

A)Brazil

B)Russia

C)Germany

D)Argentina

E)Vietnam

Answer:C

Explanation:GermanyisaMDCs(more-developedcountries).TheUnitedNationsclassifiesacountry'sstageofeconomicdevelopmentonthebasisofitslevelofindustrialization.Itgroupscountriesintothreecategories:MDCs(more-developedcountries),LDCs(less-developedcountries),andLLDCs(least-developedcountries).

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-01Theimportanceoftimezonesfortraderelationshipsandmarketingoperations.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

32)AccordingtotheU.S.DepartmentofCommerce,LatinAmericanandotheremergingmarketswillaccountfor________oftheworld'stotalgrowthinthenexttwodecadesandbeyond.

A)20%

B)30%

C)50%

D)75%

E)90%

Answer:D

Explanation:LatinAmericanandotheremergingmarketsthroughouttheworldwillaccountfor75percentoftheworld'stotalgrowthinthenexttwodecadesandbeyond,accordingtoU.S.DepartmentofCommerceestimates.

Difficulty:1Easy

Topic:ThePotential,Risks,andChallengesofEmergingMarkets

LearningObjective:09-02Thepoliticalandeconomicchangesaffectingglobalmarketing.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

33)Whatisconsideredthesinglemostimportantenvironmentalelementofacountrytowhichtheforeignmarketermustadjustthemarketingtask?

A)politicalstability

B)economiclevel

C)socialnorms

D)literacylevel

E)culturalorientation

Answer:B

Explanation:Theeconomiclevelofacountryisthesinglemostimportantenvironmentalelementtowhichtheforeignmarketermustadjustthemarketingtask.Thestageofeconomicgrowthwithinacountryaffectstheattitudestowardforeignbusinessactivity,thedemandforgoods,thedistributionsystemsfoundwithinacountry,andtheentiremarketingprocess.

Difficulty:1Easy

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

34)Dynamiceconomiesdifferfromstaticeconomiesinthatdynamiceconomies

A)neednotmatchmarketingeffortswiththemarketneedsandwants.

B)haverapidlychangingconsumptionpatterns.

C)haveahighlypredictableandloyalconsumerbase.

D)definemarketingastypicallynothingmorethanasupplyeffort.

E)donotrequireamarketertobepreparedforeconomicshiftsandemergingmarkets.

Answer:B

Explanation:Inadynamiceconomy,consumptionpatternschangerapidly.Marketingconstantlyfacesthechallengeofdetectingandprovidingfornewlevelsofconsumption,andmarketingeffortsmustbematchedwithever-changingmarketneedsandwants.

Difficulty:2Medium

Topic:TheChangingNatureoftheGlobalEconomy

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Understand

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

35)Economic________referstoanincreaseinnationalproductionthatisreflectedbyanincreaseintheaveragepercapitagrossdomesticproductorgrossnationalincome.

A)repression

B)duress

C)equilibrium

D)development

E)sustainability

Answer:D

Explanation:Economicdevelopmentisgenerallyunderstoodtomeananincreaseinnationalproductionreflectedbyanincreaseintheaveragepercapitagrossdomesticproduct(GDP)orgrossnationalincome(GNI).

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

36)The________classifiesacountry'sstageofeconomicdevelopmentonthebasisofitslevelofindustrializationintothreecategoriesandthethreecategoriesareMDCs,LDCs,andLLDCs.

A)U.S.DepartmentofCommerce

B)NorthAtlanticTreatyOrganization

C)InternationalOrganizationforStandardization

D)UnitedNations

E)InternationalDevelopmentAssociation

Answer:D

Explanation:TheUnitedNationsclassifiesacountry'sstageofeconomicdevelopmentonthebasisofitslevelofindustrializationintothreecategoriesandthethreecategoriesareMDCs,LDCs,andLLDCs.

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

37)AccordingtotheUnitedNations'stagesofeconomicdevelopmentforclassifyingcountriesbasedonlevelsofindustrialization,inwhichcategorydoesanindustrializedcountrywithhighpercapitaincomefall?

A)less-developedcountries

B)least-developedcountries

C)more-developedcountries

D)frontiermarkets

E)pre-emergingmarkets

Answer:C

Explanation:Industrializedcountrieswithhighpercapitaincomes,suchasCanada,England,France,Germany,Japan,andtheUnitedStatesfallintothecategoryofmore-developedcountries.

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

38)WhichstatementistrueaboutMDCs(more-developedcountries)?

A)Thesecountriesarejustenteringworldtrade.

B)Themajorityoftheirpopulationsstayinruralareas.

C)Thesecountrieshavehighpercapitaincomes.

D)Thesecountrieshavelittleworldtradeinvolvement.

E)Thesecountrieshavemainlyagrarianeconomies.

Answer:C

Explanation:More-developedcountries(MDCs)areindustrializedcountrieswithhighpercapitaincomes.ExamplesincludeCanada,England,France,Germany,Japan,andtheUnitedStates.

Difficulty:2Medium

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Understand

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

39)AccordingtotheUnitedNations'stagesofeconomicdevelopmentforclassifyingcountriesbasedonlevelsofindustrialization,Canadafallsunderthecategoryof________countries.

A)ThirdWorld

B)least-developed

C)more-developed

D)less-developed

E)pre-emerging

Answer:C

Explanation:Industrializedcountrieswithhighpercapitaincomes,suchasCanada,England,France,Germany,Japan,andtheUnitedStatesareclassifiedasMDCs(more-developedcountries).

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

40)AccordingtotheUnitedNations'stagesofeconomicdevelopmentforclassifyingcountriesbasedonlevelsofindustrialization,________countriesconsistofindustriallydevelopingcountriesjustenteringworldtradewithrelativelylowpercapitaincomes.

A)firstworld

B)least-developed

C)less-developed

D)ThirdWorld

E)more-developed

Answer:C

Explanation:Less-developedcountries(LDCs)areindustriallydevelopingcountriesjustenteringworldtradeandhaverelativelylowpercapitaincomes.

Difficulty:1Easy

Topic:EconomicDevelopment

LearningObjective:09-03Theconnectionbetweentheeconomiclevelofacountryandthemarketingtask.

Bloom's:Remember

AACSB:AnalyticalThinking

Accessibility:KeyboardNavigation

41)Acountrythatisindustriallyunderdeveloped,a