Match Each Item with the Correct Statement Below

question 216

Multiple Choice

Match each item with the correct statement below.
-Trade between U.S.subsidiaries of foreign owned firms and their parent companies is referred to as _____.

• A)exporting
• B)WTO
• C)infrastructure
• D)exchange rate
• E)tariff
• F)import quota
• G)dumping
• H)ISO certification
• I)foreign licensing
• J)multinational corporation
• K)global marketing strategy
• L)multidomestic marketing strategy
• M)countertrade
• N)related party trade
• O)exchange control
• P)customs union
• Q)CAFTA-DR
• R)importer
• S)embargo
• T)franchise

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Definitions:

Expansion Of Exploration

The process or act of searching for new knowledge, resources, or territories.

Subsequent Increasing Demand

Refers to the phenomenon where demand for a product or service increases following a certain event or development.

Regressive Taxes

Tax systems in which the tax rate decreases as the taxable amount (income or expenditure) increases, placing a higher relative burden on lower-income earners.

Lower-Income Canadians

Canadians who earn income significantly below the national average, placing them in the lower economic strata of society.