Question: For the five (5) statements belon, please indicate whether or not the phrase or statement is true (T) or fales (T). Also, you must explain

For the five (5) statements belon, please indicate whether or not the phrase or statement is true (T) or fales (T). Also, you must explain your response with wo additional sentences. Each question is worth five (5) marks; 1 for correctly indicating if the statement is true or fale, and an additional four (4) marks for your explanation sentences. This section as a whole will be worth twenty-five (25) marks total. 1. The product/market growth matrix is a great tool for international marketers to use when considering market expansion on a global level. 2. The term 'competitive advantage' means having an edge in the world of marketing. T/F Explanation: 3. A single country marketing strategy is exactly the same as a global marketing strategy. Explanation: T/F 4. In Canada, as well as Indin, we enjoy a Parliamentary Democracy, but in nations like China and Cuba, there is a more pronounced liberal form of govermment. T/F Explanation: 5. The World Trade Organization (WTO), only plays a minor role in facilitating trade around the world
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