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- What is the term for the buyer belief that products of certain other countries?What is ethnocentric in consumer behavior?Which of the following refers to the movement of goods and services between countries?Which of the following is the most commonly used measure of a country's economic health?
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Textile quota category: a quota category number must be indicated on the purchase order if merchandise is to be converted by a textile quota
Foreign exchange rates: buyer negotiates with vendor regarding the currency exchange rates that time
Legal requirements: federal regulations of the purchase
1.Product safety
2.Consumer protection
3.Unfair trade practice laws
4.Packaging, labeling, and advertising
• Description: must include a clear description of the merchandise to be purchased
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What is the term for the buyer belief that products of certain other countries?
Consumer ethnocentrism refers to consumers' beliefs about products produced in their country versus those from another.What is ethnocentric in consumer behavior?
The tendency of customers' preference to their local brands over the foreign ones is known as consumer ethnocentrism, and it is an important issue in international marketing.Which of the following refers to the movement of goods and services between countries?
Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.Which of the following is the most commonly used measure of a country's economic health?
GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well. Tải thêm tài liệu liên quan đến nội dung bài viết What is the term for the buyer belief that products of certain other countries quizlet? Consumer ethnocentrism