Question: 1. Identify a "central market" in your city and ex-plain how it facilitates exchange.
2. Explain why tariffs and quotas affect international marketing opportunities.
3. Discuss the prospects for a group of Latin American entrepreneurs who are considering building a factory to produce machines that make cans for the food industry. Their country is in Stage 4 -the nondurable and semi durable consumer products manufacturing stage. The country's population is approximately 20 million, and there is some possibility of establishing sales contacts in a few nearby countries.