It Is Increasingly Common for Most US Services Firms to Establish

question 34

True/False

It is increasingly common for most US services firms to establish a foreign affiliate because most services are better supplied in close proximity to the principal or final customers.

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Definitions:

Imported Wheat

Wheat brought into a country from another to supplement local production, often to meet national food supply needs or preferences.

Tariffs

Taxes imposed by a government on imported or, less commonly, exported goods, typically used to protect domestic industries from foreign competition and to raise revenue.

Chartism

A working-class movement for political reform in Britain that existed from 1838 to 1857, advocating for a charter of demands including universal male suffrage.

Universal Male Suffrage

The right of all adult males to vote in elections, regardless of property ownership, income, race, or social status.