Which of the Following Is an Unlikely Objective of U

question 30

Multiple Choice

Which of the following is an unlikely objective of U.S. government policy for the taxation of foreign MNEs?

• A) to raise revenues
• B) to provide an incentive for U.S. private investment in developing countries
• C) to improve the U.S. balance of payments
• D) All of the above are objectives.

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Definitions:

Great Britain

An island in the North Atlantic Ocean off the northwest coast of continental Europe, comprising England, Scotland, and Wales, and forming the largest portion of the United Kingdom.

European Union

A political and economic union of 27 European countries that are committed to regional integration and economic cooperation among its member states.

International Businesses

Companies that operate across national borders, engaging in trade or investment activities outside their home country.

Financial Industry

A sector of the economy devoted to the management, exchange, and investment of financial assets and offering financial services.