International Marketing Fundamentals Quiz

True or false: Businesses are expanding beyond their domestic markets to tap into international opportunities.

True or false: The book "International Business" by Czinkota and Ronkainen is a renowned reference for understanding global marketing.

True or false: The Industrial Revolution played a significant role in the emergence of multinational corporations.

True or false: Technological advancements and trade liberalization are factors driving globalization.

True or false: Global marketing focuses on standardization and integration.

True or false: Exporting is the process of producing goods in one country and selling them in another country.

True or false: Exporting is not a significant part of international trade.

True or false: Countries produce products based on their resources and decide whether to sell them to other countries or not.

True or false: Exporting allows consumers to access products that are not produced in their own country.

True or false: Exporting is not important for companies and consumers worldwide.