A Fact About the Effect of Globalization Is That Multinational

question 58

Multiple Choice

A fact about the effect of globalization is that multinational corporations:

• A)often take advantage of the unrestrictive legal environments of less-developed countries.
• B)have fewer ways in which they can reduce their production costs or increase their sales.
• C)have limited access to the labor force or natural resources of less-developed countries.
• D)often exploit the natural resources of developed countries without facing any consequences.

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Definitions:

Marketable Securities

Financial instruments that can be easily converted into cash at a fair market value.

Accounts Receivable

Accounts receivable represent money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Restrictive Policy

Restrictive Policy is a monetary policy approach aimed at slowing down economic growth to curb inflation, typically by raising interest rates or reducing the money supply.