A Foreign Firm That Is 20% to 49% Owned by a Parent

question 7

Multiple Choice

A foreign firm that is 20% to 49% owned by a parent is called a/an:

• A) subsidiary.
• B) affiliate.
• C) partner.
• D) rival.

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Definitions:

AAA

The Agricultural Adjustment Act of 1933, a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses.

Quarantine Speech

A speech given by President Franklin D. Roosevelt in 1937 advocating for the quarantine of aggressive nations as a means to prevent war.

Neutrality Acts

A series of laws passed in the 1930s by the United States Congress aimed at preventing the nation from becoming involved in foreign conflicts, particularly in the lead-up to World War II.

Japanese Aggression

The militaristic and expansionist policies pursued by Japan in the late 19th and early 20th centuries, leading to its involvement in conflicts and the occupation of neighboring countries.