Which of the Following Are the Primary Agents in the Globalization

question 18

Multiple Choice

Which of the following are the primary agents in the globalization of production?

• A)hegemons
• B)labor unions
• C)multinational corporations (MNCs)
• D)intergovernmental organizations (IOs)

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Definitions:

Outstanding Voting Stock

The total shares of a corporation's stock that are currently owned by shareholders, including those with voting rights.

Long-Term Investment

Investments held for an extended period, typically longer than one year, to achieve sustained growth or income.

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Equity Method

An accounting technique used by firms to assess the profits earned through their investments in other companies, recording these investments at cost and subsequently adjusting them to reflect the investee's changes in net assets.