A National Company That Has Many Foreign Subsidiaries Is Known

question 27

Multiple Choice

A national company that has many foreign subsidiaries is known as a

• A) nonstate actor.
• B) service organization.
• C) multinational corporation.
• D) sovereign company.

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Definitions:

Monopoly Power

The ability of a firm to influence or control the price and production of a good or service due to the lack of viable competition.

Major League Baseball

A professional baseball organization consisting of teams that play in the American League and the National League.

United Auto Workers

A labor union in the United States representing workers in the automotive industry as well as other sectors.

Unemployment Insurance

A government-provided financial benefit offered to workers who have lost their job without fault on their part, aimed at providing temporary financial support.