Indicate whether the statement presented is true or false. Mercosur was an agree

Question

Indicate whether the statement presented is true or false. Mercosur was an agreement to dramatically lower barriers worldwide, and it created the World Trade Organization. True False Indicate whether the statement presented is true or false. People born between 1979 and 1994 are known as Generation X? True False Indicate whether the statement presented is true or false. Economic change is perhaps the most difficult external factor for marketing managers to forecast, influence, or integrate into marketing plans. True False Indicate whether the statement presented is true or false. The U.K Union is the name of a free trade zone encompassing 13 European countries. True False What is the practice of choosing goods and services that meet one's diverse needs and interests rather than conforming to a single, traditional lifestyle? Component lifestyle tactical lifestyle conforming lifestyle interests lifestyle What is the term for using more capital than labor in the production process? Capital intensive intensive capital labor intensive labor-production ration Indicate whether the statement presented is true or false. The North American Free Trade Agreement replaced the old General Agreement on Tariffs and Trade. True False Indicate whether the statement presented is true or false. When a company has a global vision, if means it sees the big picture instead of focusing on insignificant details. True False

Explanation / Answer

Solution 1:

The statement is true.

Mercosur is a group of countries consist of Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador. Paraguay, Uruguay and Peru. The Uruguay round is the name of the agreement given to trade agreement to lower the trade barriers. In 1994, 148 countries signed on this agreement and it created world trade organization.

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