The online exchange of goods and information between final consumers is called ________.

Several features of American society support the thesis of pluralism. Which of the following is one of them?

A. It has capitalist values. B. It encompasses a small population spread over a small geography but engaged in diverse occupations. C. Its businesses are free of market pressures. D. Its Constitution encourages pluralism.

According to the product life-cycle theory, the high cost of U.S. labor gave U.S. firms an incentive to:

A. lower costs of services to offset a fall in demand. B. develop cost-saving process innovations. C. invite foreign direct investment in domestic industries. D. embrace and promote open market capitalism. E. import new consumer products and export agricultural products.