IMS quiz 2 revision

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What is predicted to happen with the population of many developed countries?

Population levels will fall by mid-century due to low birthrates.

What benefit does population size provide when determining market potential?

Population size alone is a poor indicator of market potential

The International Monetary Fund would characterize a developing economy as one in which

Technology is not as developed

Because of the importance of economic information to the control and planning functions at headquarters, the collection of data and preparation of reports are usually the responsibility of

the home office


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