Which Statement Is False

question 101

Multiple Choice

Which statement is false?

• A)Looking at our trading pattern with Japan,one might reach the conclusion that we were an economic colony of Japan.
• B)Until the 1990s,the United States was the prime exporter of consumer electronics products,such as TVs,cameras and DVD players.
• C)In 1984 U.S.trade deficits first passed the $100 billion mark.
• D)The last year the U.S.ran a trade surplus was 1975.

Identify the roles and functions of various types of marketing intermediaries.

Grasp the concept and significance of supply chain management and logistics in a business setting.

Comprehend the impact of direct and indirect distribution channels on reaching target markets.

Understand the retail strategies used by businesses to enhance customer service and experience.

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Definitions:

Substitution Effect

The change in consumption patterns due to a change in relative prices, where consumers substitute a cheaper alternative for a more expensive good.

Price

The cash value expected, required, or contributed in transaction for an item.

Delphiniums

A genus of perennial flowering plants known for their tall spikes of colorful flowers.

Second-Class Tickets

Tickets offering a lower level of service or comfort on public transport, often at a reduced price compared to first-class tickets.