A Segmentation Variable Is Used to Group Smaller Markets into One

question 29

True/False

A segmentation variable is used to group smaller markets into one larger market.

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Definitions:

Uniform Trade Regulations

Agreed international rules and standards intended to simplify and harmonize global trade practices.

Global Financial Markets

The worldwide forums that exist for exchanging securities, currencies, and other financial instruments among global participants.

Domestic Markets

Markets within a country's borders that involve the buying and selling of goods and services among its residents.

United Nations

An international organization formed in 1945 to promote peace, security, and cooperation among the world's countries.