Multiple Choice
Nike produces only a small portion of its output in China,but when the firm refers to China as a "2-billion-foot market," it is referring to the fact that:
A) the Chinese children had no shoes.
B) the Chinese shoe market is very competitive.
C) China can develop its own shoe market.
D) it will take a long time for China to develop a future market.
E) China is a potential future market.
Correct Answer:

Verified
Correct Answer:
Verified
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