Which of the Following Global Trends Has Significant Implications to Global

question 140

Multiple Choice

Which of the following global trends has significant implications to global marketers?

• A) the declining populations of Latin/South American countries
• B) the size of the markets in India and China
• C) the tripling of the population of consumers under 40 years old
• D) the decreasing interest in entrepreneurship in developing countries
• E) the increased saving rates of elderly populations in developed countries

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Definitions:

Equilibrium Price

The market price at which the supply of an item matches demand, resulting in stable prices and volumes traded.

Per-unit Tariff

A fixed fee imposed by a government on each unit of imported or exported goods.

Tariff Revenue

Income that a government receives from imposing duties on imported goods.

Foreign Producers

Companies or individuals that manufacture or provide services in one country for consumption in another country.