Identify the Incorrect Statement Pertaining to Foreign Multinationals Doing Business

question 93

Multiple Choice

Identify the incorrect statement pertaining to foreign multinationals doing business in countries with repressive regimes.

• A)Inward investment by multinationals can be a force for economic,political,and social progress that ultimately improves the rights of people in repressive regimes.
• B)No multinational does business with nations that lack the democratic structures and human rights records of developed nations.
• C)Multinational investment cannot be justified on ethical grounds in some regimes due to their extreme human rights violations.
• D)Multinationals adopting an ethical stance can,at times,improve human rights in repressive regimes.

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Definitions:

Wage Rate

The standard amount of pay given to workers per unit of time (e.g., hour, day) for their labor.

Labor Supply Curve

A graphical representation showing the relationship between the wages offered and the quantity of labor workers are willing to supply.

Competitive Conditions

The state of a market characterized by a large number of buyers and sellers, leading to price competition and innovation.

Marginal Revenue Product

Marginal Revenue Product measures the additional revenue generated by employing one more unit of a factor of production, such as labor or capital.