Online Merchants Like Amazon

question 21

True/False

Online merchants like Amazon.com can reach a global customer base twenty-four hours a day, seven days a week.

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Definitions:

Domestic Price

The price of goods or services within a country's borders, influenced by local supply and demand conditions.

Exports

Goods or services sold by a country to buyers located in other countries.

Export Supply

The total amount of goods and services a country's producers are willing and able to sell abroad at a given price level.

Import Demand

The desire or need for products or services brought into a country from abroad.