Parent Company Nationals Who Are Sent to Work at a Foreign

question 19

Multiple Choice

Parent company nationals who are sent to work at a foreign subsidiary are known as

• A)third-country nationals.
• B)host-country nationals.
• C)immigrants.
• D)expatriates.
• E)inpatriates.

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Definitions:

Producer Surplus

The difference between the amount that producers are willing to accept for a good or service and the actual amount they receive, due to higher market prices.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good that producers are willing to supply.

Efficiency

The ability to produce maximum output with a given set of inputs or resources, minimizing waste and costs.

Equality

The state of being equal, especially in status, rights, and opportunities.