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Explain the importance of the following factors in the selection of products for exports: shifting spending patterns, quality, and niche marketing.
After you have read the chapter, reviewed the chapter PowerPoints, and watched the required videos on Canvas, complete the end of chapter review questions 1-10 on pages 90-91. You will open an Microsoft Word document and type your answers double-spaced on a Word document. Make sure to number and type each question in bold so that I know where one response begins and ends. Grading: • All responses must show that you understand the question and content explained in the chapter. Explain each response in detail with quality, college-level writing. You may provide examples to help illustrate your responses. I must be able to understand your responses to award points for your work. • Do not copy and paste text from the textbook. Doing this will earn you a zero grade and possible F in the class. • You may properly cite the textbook, but you must demonstrate that you understand the material and can answer each question correctly. Responses that only citing the textbook will earn zero points. • Assignments that do not follow this format will not be graded. the questions Discuss the two major approaches to selecting a product for exports. Why is it important to participate in overseas trade shows? What are the disadvantages of the reactive approach to selecting a prod- uct for exports? Explain the importance of the following factors in the selection of products for exports: shifting spending patterns, quality, and niche marketing. Do a country’s imports completely measure the market potential for a product? Discuss. Why should an export firm consider financial and economic conditions in importing countries? What is the importance of political and legal forces in international market assessment? Identify the public sources of export counseling in the United States. Discuss three private sources of export assistance. What is the goldkey service? Explain the steps involved in a typical export transaction. What is SCORE?

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