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A Car Manufacturer Controls Its Own System of Dealerships to Ensure

question 7

True/False

A car manufacturer controls its own system of dealerships to ensure retail outlets for its products.This is an example of backward integration.


Definitions:

Self-Sufficiency

The condition of being able to satisfy all of one's needs without external assistance.

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico; effective in 1994 to eliminate most tariffs on trade between these nations.

United States

A country in North America consisting of 50 states and a federal district, known for its significant influence in global politics, economy, and culture.

Canada

A country in North America known for its vast landscapes, multicultural communities, and as the second-largest country by area in the world.

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