Question: 9. How does economic protectionism limit/decrease world trade/global marketing? Name AND DEFINE two factors that allow protectionism. (4 pts) 10. What is NAFTA? What countries
9. How does economic protectionism limit/decrease world trade/global marketing? Name AND DEFINE two factors that allow protectionism. (4 pts) 10. What is NAFTA? What countries are involved? Does it increase or decrease world trade? (5 pts.) 11. What is demographic segmentation? (2 pts.) 12. True or False. Separating the marketplace into groups of consumers is called targeting. EXPLAIN (2 pts.) 13. Market segments consist of consumers who have and respond similarly to __(2 pts.) 14.__ seeks to establish a competitive advantage for a product and communicates that advantage to the consumer (1 pt.)
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