When a Company Expands from Having One Facility in Another

question 39

Multiple Choice

When a company expands from having one facility in another country to having a number of facilities in different countries,it is transforming from a(n)

• A)domestic company to a global company.
• B)domestic company to an international company.
• C)international company to a multinational company.
• D)multinational company to an international company.
• E)global company to an international company.

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Definitions:

Spot Exchange Rate

The current price for which one currency can be exchanged for another.

Foreign Exchange Market

A global marketplace for exchanging national currencies against one another.

Canadian Dollars

In Canada, the national currency is indicated by CAD or C$.

Moose Jaw

A city in south-central Saskatchewan, Canada, known for its historical importance and attractions.