In 2016, Three of the World's Five Largest Corporations Were

question 17

Multiple Choice

In 2016, three of the world's five largest corporations were based in

• A) the U.S.
• B) Germany.
• C) Canada.
• D) China.

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Definitions:

Basic Needs

Essential requirements for human survival and well-being, such as food, water, shelter, and safety.

Minimum Wage

The lowest legal salary that workers can be paid by employers, set by government policy to ensure a basic standard of living for employees.

Protectionism

An economic policy aimed at restricting imports from other countries through tariffs and quotas to protect domestic industries.

World Trade Organization

An international organization designed to supervise and liberalize world trade, by providing a forum for trade negotiations and dispute resolutions.