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Which Variable Would Be Considered Part of the "Place" Element

question 67

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Which variable would be considered part of the "place" element of the marketing mix?


Definitions:

Exports And Imports

The selling of goods and services produced in one country to another country (exports) and the buying of goods and services from another country (imports).

World Price Level

The average of prices for goods and services across different countries, adjusted for exchange rate differences, reflecting the global cost of living.

Diagram

A simplified drawing showing the appearance, structure, or workings of something, often used for explanatory purposes.

Nontariff Barrier

Any restriction, other than tariffs, that restricts international trade, such as quotas, embargoes, or regulatory standards.

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