According to WTO Data, the Volume of World Merchandise Trade

question 62

True/False

According to WTO data, the volume of world merchandise trade has grown faster than the world economy since 1950.

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Definitions:

Marketing Actions

Strategic activities undertaken by a company to promote and sell its products or services.

Tangible Attributes

Physical characteristics of a product that can be observed by the senses, such as size, color, weight, or texture.

Five Senses

Refers to the human abilities to see, hear, touch, taste, and smell, used for perception and interaction with the environment.

Physical Goods

Tangible products that can be physically touched and owned, such as electronics, clothing, and food.