____,Especially a Few Hundred of the Largest Headquartered in Developed

question 12

Multiple Choice

____,especially a few hundred of the largest headquartered in developed nations,are the central forces of current economic globalization.

• A) Transnational corporations
• B) Multinational corporations
• C) Micro-multinationals
• D) International corporations

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Definitions:

Downward Pressure

Forces that cause the value or price of something to decrease.

Reverse Auction

A type of auction in which the roles of buyer and seller are reversed, with sellers competing to obtain business from the buyer by offering the lowest price for their goods or services.

Bid Prices

The highest price that a buyer is willing to pay for a good, security, or commodity in a trading context.

Reverse Auctions

A type of auction in which sellers bid to supply goods or services to a buyer, with the price decreasing in each bid.