Most Multinational Corporations Have a Low Ratio of Foreign Sales

question 104

True/False

Most multinational corporations have a low ratio of foreign sales to total sales, usually 5 percent or less.

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Definitions:

Free Trade

Cross-border commerce without the imposition of tariffs, quotas, or any restrictions, allowed to unfold naturally.

Trade Restrictions

Measures implemented by governments to control the flow of goods and services across borders, which may include tariffs, quotas, and embargoes.

Domestic Producers

Domestic producers are companies that manufacture goods or provide services within their own country, often competing with imported products.

International Trade

The exchange of goods and services across national borders.