True or False: Market indicators assess the strengths of different geographic areas.

Market indicators are metrics used to evaluate the economic conditions and potential opportunities within different geographic areas. They provide insights into consumer behavior, purchasing power, market trends, and overall economic vitality, helping businesses make informed decisions regarding where to invest or expand their operations. By analyzing these indicators, companies can assess the strengths, weaknesses, and opportunities of various regions, thereby identifying the best markets for their products or services. This makes the statement true, as market indicators indeed evaluate and compare the strengths of different geographic areas, facilitating strategic planning and decision-making in international business.