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A Large Multinational Company Has Headquarters in Canada,where Several Well-Paid

question 100

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A large multinational company has headquarters in Canada,where several well-paid lawyers,accountants,and managers work,and numerous factories all over the world,where hundreds of labourers work for low pay to manufacture the company's products.What is this practice of having different types of workers spread across the globe is known as?

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Definitions:

Federal Reserve

The central banking system of the United States, responsible for setting monetary policy.

Term

A fixed or limited period for which something, e.g., office, investment, or a condition, lasts or is intended to last.

Reserve Ratio

The fraction of deposits a bank must hold in reserve and not lend out, as dictated by central banking regulations.

Monetary Multiplier

A mechanism that describes the increase in aggregate production and income that results from an injection of spending.

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