1. When it is said that international logistics is important to global trade, Seyoum sites the ______ and _________ industries as beneficiaries. Group of answer choices

a. pharmaceutical, petroleum

b. banking, healthcare

c. oil, natural gas

d. pharmaceutical, healthcare

2. Since international logistics may contribute to a nation's ________, it directly increases a nation's ___________. Group of answer choices

a.efficient allocation of resources, reduced need for large inventories

b.efficient production, standard of living

c.economic growth, financial efficiency

d.economic growth, standard of living

3. Which one of the following is NOT a reason making international logistics important? International __________ Group of answer choices

a.increases the efficiency of the global financial payments system

b. contributes to the efficient allocation of scarce resources globally

c. advanced logistics systems increase the efficiency of production

d.contributes to economic growth

4.

When various _______ are applied in the advanced distribution process, it ________ the need for ______________.

Group of answer choices

a.transportation modes, reduces, additional financing

b.transportation modes, increases, additional inventory

c.transportation modes, reduces, additional inventory

d. payment methods, reduces, additional inventory