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CHIA Certification Exam $(1$st Attempt$)$

Which one of the following is an accurate statement about the geographic category known as market?

$$ A$)$ A country would always have two or more markets.

B$)$ A country would never have more than $10$ markets.

C$)$ Markets only incluppe hotels that are in the big cities.

D$)$ A market could include hotels that are in rural areas outside of the big cities.

Question $6$

Which one of the following is NOT an accurate statement about the geographic category known as submarket?

A$)$ There will always be four or more submarkets in a market.

B$)$ A city or metro market will frequently have a Downtown or Central Business District $($CBD$)$ submarket.

C$)$ In a rural market, a small city could be a submarket.

D$)$ Submarkets in a city or metro market could be identified by North, South, East, West or by neighborhood names.