Conflict Theorists Contend That Multinational Corporations Are Attracted to Developing

question 19

Multiple Choice

Conflict theorists contend that multinational corporations are attracted to developing countries because developing countries

• A)have a small pool of cheap labor.
• B)encourage strong trade unions.
• C)often create a favorable "climate for investment."
• D)they protect local workers,rather than exploit them.

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Definitions:

Corporation

A legal entity recognized by law as separate from its owners, possessing rights to own assets, incur liabilities, and conduct business.

Prospectus

A document required that describes the current status of a business and its future prospects.

Over-subscription

A situation where the demand for a company's new share offering exceeds the available supply.

AASB 101

Denotes the Australian Accounting Standards Board Standard 101, prescribing the basis for presentation of general purpose financial statements to ensure comparability both with the entity's financial statements of previous periods and with the financial statements of other entities.