Mktg 3104 exam 2 - Study guides, Class notes & Summaries

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MKTG 3104 Exam 2 questions with correct answers 2024
  • MKTG 3104 Exam 2 questions with correct answers 2024

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  • MKTG 3104 Exam 2Dynamics of World Trade - correct answer Global Perspective: value of world trade has doubled; products and commodities- 80% of world trade; services- 20%; trade feedback effect; countertrade US Perspective: GDP; Balance of Trade Protectionism Hinders World Trade - correct answer hinders when countries raise prices and limit supply through tariff and quota policies protectionism-> tariffs/quotas-> increase prices/limit supply-> decrease world trade Marketing ...
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