Of the Types of International Workers That Multinational Companies Can

question 64

Multiple Choice

Of the types of international workers that multinational companies can employ, locals are best described as ________.

• A)citizens of the countries where they are working
• B)noncitizens of the countries in which they are working
• C)citizens of the country in which the multinational company has its headquarters
• D)noncitizens of the country in which the multinational company has its headquarters

---

Definitions:

Consumer Surplus

The variance between what consumers are prepared and capable of paying for a product or service and the actual amount they pay.

Deadweight Loss

The decrease in economic effectiveness that happens when there's a failure to achieve or an inability to achieve equilibrium for a particular good or service.

Labour-Management Relations

The dynamics between employees and employers, specifically focusing on the negotiation and enforcement of work-related conditions and terms of employment.

Work-Life Balance

The equilibrium between personal life and professional responsibilities, allowing for fulfillment in both areas without significant conflict.