Question 15 (4 points) The total product consists of available competitor products. the preproduction stage of manufacturing. the physical product, brand name, accessories, and after-sales service. O the physical product minus marketing. Question 16 (4 points) Trade missions are generally used to spend time in the field to gather specific market data on consumer use. extend the political influence of a country. gather additional data sources for market screening. assess the country and identify or search for business opportunities. Question 17 (4 points) China identified a number of ways to get out of the middle income trap. Which of the following were not one of them? A modification to the reserve currency system used today where the Chinese yuan (renminbi) will become the de facto currency for international trade. An infrastructure plan that includes highways, ports, airports, railway between China and its major trading partners. A systemized plan that promotes consumer buying, particularly with luxury items. A plan to modernize its manufacturing processes to compete with the advanced economies such as higher quality products, automated/robotic machinery, and higher technology.
