In International Business,a Foreign Branch Owned Fully by the Home

question 72

Short Answer

In international business,a foreign branch owned fully by the home office is referred to as a(n)________.

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Definitions:

Budget Deficits

A financial situation where a government's expenditures surpass its revenues.

Budget Surpluses

A situation where a government's revenue exceeds its expenditures over a specific period, indicating financial health.

Annually Balanced Budget

A budget in which revenues and expenditures are equal within a single fiscal year, ensuring no deficit or surplus.

Contractionary Gap

A situation where the aggregate output in an economy is below its potential output, leading to unemployment and underutilized resources.