Consumer Ethnocentrism Is the Belief That

question 36

Multiple Choice

Consumer ethnocentrism is the belief that

• A)a particular culture is superior to another and that strategies used in the home country will work just as well abroad.
• B)purchasing foreign products is wrong because it hurts the domestic economy, causes losses of jobs, and is plainly unpatriotic.
• C)home country products are inferior to imports, which typically leads to a trade deficit.
• D)all consumers are essentially the same, which leads to a standardized marketing campaign across cultures.

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Definitions:

Marbury v. Madison

A landmark Supreme Court case in 1803 that established the principle of judicial review, allowing courts to declare laws unconstitutional.

Articles of Confederation

The original constitution of the United States, ratified in 1781, which was replaced by the current Constitution in 1789 due to its weaknesses.

Federal Court System

The judiciary system of the United States, consisting of the Supreme Court, appellate courts, and district courts.

Commercial Treaties

Agreements between countries that govern the terms of trade, investment, and economic relations.