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A Corporation Formed in Another Country but Doing Business in the United

question 4

True/False

A corporation formed in another country but doing business in the United States is referred to in the United States as an alien corporation.


Definitions:

Resources Used

The total inputs, including raw materials, labor, and capital, that are consumed in the production of goods and services.

Capital

Assets such as machinery, buildings, or technology used in the production of goods and services.

Labor

The human effort, both physical and mental, used in the production of goods and services.

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.

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