In Which of the Following Situations Is the Employee Considered

question 5

Multiple Choice

In which of the following situations is the employee considered a host-country national?

• A)a French MNE sends a French employee to work in its Canadian subsidiary
• B)a Japanese MNE sends an American employee to work at its Hong Kong subsidiary
• C)a Chinese MNE employs a Chinese citizen for its subsidiary in Singapore
• D)an American MNE employs a Mexican citizen for its subsidiary in Mexico

---

Definitions:

Minimum TIE

The lowest acceptable Times Interest Earned ratio, a financial metric used to determine how well a company can meet its interest payments on debt.

Restrictive Covenant

A clause in a contract that limits certain actions of the parties involved, often used in employment and real estate agreements.

Amortized Debt

A loan in which the principal and interest are paid off in equal installments over a predetermined period.

Coupon

The periodic interest payment made to the bondholders during the life of the bond.