Mktg 3104 exam 2 - Study guides, Class notes & Summaries
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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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MKTG 3213- EXAM 2 – QUESTIONS AND ANSWERS, MKTG 3104 EXAM #3 Qs&As 2024 & Marketing Exam 1 (Chapters 1-4) Review Q&A
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MKTG 3213- EXAM 2 – QUESTIONS AND ANSWERS
1. What are the two functions of a brand? - ANS-identify and differentiate
2. What are the two parts that make up a brand? - ANS-Brand Name and Brand Mark
3. Seeing a brand can cause consumers to automatically think of the attributes of the firm. - ANSTrue
4. A "brand" is confined to the physical name or l
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