Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

MKTG 4280 > Exam 4 > Flashcards

Exam 4 Flashcards

1
Q

Law of Comparative Advantage

A

a country, individual, or business can produce a good or service at a lower cost than another producer`

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Emerging markets account for

A

75% if total growth in next decade

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Economic Development

A

an increase
in national production that results in an increase in the average per
capita gross domestic product (

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Jared Diamond

A

“Guns, Germs, and Steel” - every country has some advantage

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

MDC

A

Scheme More Developed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

LDC

A

Scheme Less Developed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

LLDC

A

Least developed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

NIC

A

Newly Industrialized

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Stages of Economic develop (Walt Rostow

A

Traditional Society
Preconditions for takeoff
Takeoff
Drive to maturity
Age of high mass consumption

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Prominent BEMs

A

Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea, and Turkey

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Valerie Pieris circle

A

more people living inside than outside circle - Ken myers -

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Yangtze

A

Third largest river runs opposite of all rivers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

China became a republic

A

1912

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

China dates back to

A

2100 BC

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Deng Xiaping

A

took over after MAO

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Han chinese

A

makes up 90% of pop

17
Q

Most pop city in china

A

SHANGHAI

18
Q

Largest damn

A

Three gorges

19
Q

Gei Mian Zei

A

giving face

20
Q

Hello

A

Ni Hao

21
Q

How are you

A

Ni hao ma

22
Q

Thank you

A

Xie xie

23
Q

Goodbye

A

Za Jian

24
Q

You are welcome

A

Bu ke Qi

25
Q

I am sorry

A

Dui Bu Qi

26
Q

Cheers

A

Ganbei

27
Q

please

A

Qing

28
Q

common type of trade barriers

A
  1. Tariffs
  2. Quotas
  3. Embargoes
  4. Subsidies
  5. Standards and Regulations
29
Q

Quotas

A

set a limit on the
quantity of a product that can be
imported, limiting supply and
potentially raising prices

30
Q

Embargoes

A

An embargo is a complete
ban on trade with a specific
country, usually for political
reasons

31
Q

WTO

A

Helps mediate
and resolve disputes in
international trade.

MKTG 4280 (4 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions