How Has Canadian National Saving Changed in Recent History

question 7

Multiple Choice

How has Canadian national saving changed in recent history?

• A) It remained positive from 1999 to 2008.
• B) It decreased below 10 percent toward the end of the 1990s.
• C) It had a historic high in early 1990s.
• D) It has been decreasing since 1991.

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Definitions:

Foreign Subsidiary

A company that is owned or controlled by another company, known as the parent company, but operates in a country different from where the parent company is established.

Franchising

The payment of a fee to a foreign business for rights to locally operate using its name, branding, and methods.

Strategic Alliance

A collaborative effort among two or more corporations to achieve specific targets, while continuing to operate as independent entities.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.