In 2014,which of the Following Countries Had the Lowest Ratio

question 19

Multiple Choice

In 2014,which of the following countries had the lowest ratio of exports to GDP?

• A)Japan
• B)Switzerland
• C)Austria
• D)Netherlands
• E) United States

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Definitions:

B2C Marketing

Business-to-Consumer marketing, which focuses on selling products and services directly to individual customers.

Place Element

One of the four Ps in the marketing mix, referring to the strategies and processes used to make the product or service available to the target customer.

Marketing Mix

A blend of several marketing elements—including product, price, place, and promotion—used to market and sell a product effectively.

Value

The importance, worth, or usefulness of something to someone.