Five Trends in the Past Decade Have Significantly Influenced the Landscape

question 9

Multiple Choice

Five trends in the past decade have significantly influenced the landscape of global marketing. One of them is

• A)an increase in economic protectionism and a decline in free trade.
• B)a more aggressive attitude toward initiating international tariffs and quota systems.
• C)global competition among global companies for global customers.
• D)a decrease in most countries' GDP and a renewal of nationalism.
• E)an increase in most countries' GDP coupled with an increased degree of consumer ethnocentrism.

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Definitions:

Market Rate

The current interest rate available in the marketplace on loans, bonds, or deposits, often influenced by supply and demand and the monetary policy of central banks.

Effective-interest Amortization

A method of amortizing the premium or discount on bonds payable that reflects interest expense on the outstanding balance of the bond over its life.