Describe the Basis for Geographic Segmentation

question 16

Essay

Describe the basis for geographic segmentation.

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Definitions:

Jobs Argument

An economic perspective that emphasizes the creation or maintenance of employment as a primary consideration in policy-making.

Unfair-Competition Argument

A contention in international trade that certain practices give companies or countries an unjust advantage, such as labor exploitation or environmental bypassing.

Comparative Advantage

An economic theory that describes how countries gain from trade by specializing in goods they can produce more efficiently than others.

American Automobile Industry

A sector of the economy focused on the manufacturing, marketing, and sale of motor vehicles in the United States.