To Use Foreign Factors of Production, an MNC Should

question 25

Multiple Choice

To use foreign factors of production, an MNC should:

• A) establish a subsidiary in a new market that can sell products produced elsewhere.
• B) establish a subsidiary in a market that has relatively low costs of labor or land.
• C) establish a subsidiary in a market where raw materials are cheap and accessible.
• D) participate in a joint venture in order to learn about a production process or other operations.

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Definitions:

Inside the Uterus

Referring to the internal environment of the uterus, often used in medical contexts.

Neural Tube Defects

A type of birth defect of the brain, spine, or spinal cord that occurs during embryonic development when the neural tube does not close completely.

Folic Acid

A B-vitamin that is crucial for healthy cell growth and development, especially important during pregnancy.

Average Weight

A statistical measure representing the central or typical value of the weight of a population or sample.