Which of the following is not a trait of a high-income country?
A)Consumers with the highest per capita income
B)Markets are in the maturity stage
C)Competition is intense
D)Consumers have not established their preferences

Question

Quizplus · Accepted Answer

Although these countries present great potential because they have consumers with the highest per capita income, they also present challenges to international firms because their markets are in the maturity stage, consumers have established preferences, and competition is intense.

Which of the Following Is Not a Trait of a High-Income