Which of the Following Is Not One the Key Issues

question 76

Multiple Choice

Which of the following is not one the key issues facing international marketing managers?

• A) how to distribute the firm's product
• B) how to develop the firm's product
• C) how to select the firm's employees
• D) how to sell the firm's product

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Definitions:

World Production

The total output of goods and services produced by all countries around the globe.

Autarky

A situation in which a country does not trade with other countries.

Comparative Advantage

The advantage conferred on an individual or country in producing a good or service if the opportunity cost of producing the good or service is lower for that individual or country than for other producers.

Absolute Advantage

The advantage conferred on an individual or country in an activity if the individual or country can do it better than others. A country with an absolute advantage can produce more output per worker than other countries.