Political Stability Is an Important Factor in International Firms Because

question 172

True/False

Political stability is an important factor in international firms because no business wants to set up shop in another country unless trade relationships with that country are well defined and stable.

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Definitions:

Form W-2

A tax form used in the United States that reports an employee's annual wages and the amount of taxes withheld from their paycheck.

Merit Rating

A system used to evaluate the performance, abilities, and skills of employees or organizations, often influencing rewards, promotions, or premiums.

FICA Tax

A United States federal payroll tax that funds Social Security and Medicare, contributions are made by both employees and employers.

Social Security

A government system that offers financial assistance to people in the form of retirement benefits, disability income, and other payments.