How should an advertiser with stores in both India and Germany set up an AdWords account to target users in these different locations?"

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How should an advertiser with stores in both India and Germany set up an AdWords account to target users in these different locations?"

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1.   Create two separate accounts, one for each of these locations.
2.   Create two separate campaigns, each targeting one of these locations.
3.   Create two separate ad groups, each targeting one of these locations.
4.   None of the above. AdWords can't target users in specific locations.