MNCs That Produce the Same Goods in Different Countries So

question 62

Short Answer

MNCs that produce the same goods in different countries so that their horizontal organization means they are not tied to any one state are called _______________________________ .

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Definitions:

Trade Surplus

A condition in which a nation's exports surpass its imports, signifying a favorable trade balance.

Technology Products

Goods and services derived from scientific and technological advancements, geared toward consumers and businesses.

Widely Spoken Language

A language that is spoken by a large number of people across various regions or countries.

Devaluation

Reduction in a currency’s value relative to other currencies or to a fixed standard.