11- Which global region is attractive to North American marketing organizations?

Question

11- Which global region is attractive to North American marketing organizations? A) European Union B) Asia-Pacific C) Russia D) South America E) Central Asia 12- NAFTA A) set a fixed rate of exchange for the Japanese yen and the U.S. dollar. B) established a framework for bilateral free trade between Canada and the United States providing for the phase out of trade barriers over 10 years C) encourages open trade between Canada, the United States, and Mexico. D) has its roots in Europe E) reduced trading barriers and paved the way for full economic integration in Europe. 13- What is the best example to illustrate the effect of culture on acceptance of North American products? A) KFC in China f ma B) Nike in China C) Pepsi in India D) Coke in Taiwan E) Kellog's in Sweden 14- Which of the following is one of the most tightly government-controlled economies? A) South Korea B) Cuba C) Taiwan D) Russia E) Japan 15- The value of the Canadian dollar in relation to the U.S. dollar has A) no impact on demand for Canadian goods globally B) no relation to the demand for Canadian goods in the United States. C) an effect on the global demand for U.S. products. D) a seasonal effect on the stock market. E) a definite impact on the demand for Canadian goods.

Explanation / Answer

11. A . European union because it has similar cultural preferences as American. They are more likely to adopt the products.

12. C. It is tripartite agreement between US, Canada, Mexico

13. A. KFC always emphasised on individualism and had small meals with preference of take away. These are against Chinese values which value eating together rather than individuals.

14. B.Cuba is a planned economy controlled by the socialistic govt.

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