What are the levels of development defined by the World Bank? • 2. For the lowest level of development, give two advantages and two disadvantages of marketing to countries at that level of development, as opposed to more developed countries. • Advantages • • Disadvantages • 3. Briefly, Why would the U.S. Government be concerned if the value of the Japanese Yen declined relative to the U.S. Dollar? (In other words, it takes more Yen to buy a dollar) (One good sentence is sufficient) 4. If the U. S. Dollar becomes less valuable relative to the Euro (for instance the exchange rate goes from $1.00/Euro to $1.20/Euro), would you expect U.S. exports to the EU to increase, decrease, or be unaffected? Briefly explain why. (You can use an example if that`s easier.)