Which of the Following Is True of a Multinational Corporation

question 14

Multiple Choice

Which of the following is true of a multinational corporation?

• A) A multinational corporation operates exclusively in its home country and hires employees from multiple nations.
• B) A multinational corporation is a private company that sells its stock to the public.
• C) A multinational corporation refers to a firm that exports products to one or more countries.
• D) A multinational corporation has operations in more than one country.
• E) A multinational corporation operates in multiple locations within a single nation.

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Definitions:

Consumption Possibilities

The set of all consumption bundles that can be consumed given a consumer’s income and prevailing prices.

Budget Line

A graphical representation of all possible combinations of two goods that an individual can afford given their income and the prices of the goods.

Giffin Good

A type of good for which demand increases as its price increases, contrary to the typical law of demand.

Income Effect

The influence of income adjustments on the demand for goods or services, whether in an individual's finances or within an economy.