Homework Clinic

Social Science Clinic => Business => Marketing => Topic started by: @Brianna17 on Jun 29, 2018

Title: Members of the European Union often differ with regard to the economic and trade policies they ...
Post by: @Brianna17 on Jun 29, 2018

Members of the European Union often differ with regard to the economic and trade policies they advocate. Which of the following is an accurate description of one of those differences as illustrated in your text?
 a. Germany believes that the government should actively regulate business.
  b. France stresses market development at the expense of social welfare.
  c. The Netherlands stresses the importance of market mechanisms and interferes only minimally business regulation.
  d. Great Britain believes that genetically altered seeds should not be imported.

Question 2

The basic purpose of all marketing research is to help develop new products.
 
 Indicate whether the statement is true or false

Title: Members of the European Union often differ with regard to the economic and trade policies they ...
Post by: joshraies on Jun 29, 2018

Answer to Question 1

C
Both Germany and the Netherlands stress the importance of market mechanisms and interfere only minimally in the regulation of business. France often stresses social welfare at the expense of market development. Great Britain is not part of the European Union. This information may be found in the Economic Considerations section (4-1d).

Answer to Question 2

F