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Subsidiaries of multinational corporations are usually run as independent companies.
Economic Theory
A structured explanation or framework about how economies function, including principles and models to understand economic behavior and markets.
Abstract Ideas
Concepts or notions that are not tangible or concrete, often involving complex thinking processes and creativity.
Real-World Situation
Circumstances or events that occur in the actual world, outside of controlled or theoretical environments.
Normative Statement
A statement that expresses a value judgment or opinion, not a fact, and suggests how things should be.
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