To Exploit Monopolistic Advantages, an MNC Should

question 42

Multiple Choice

To exploit monopolistic advantages, an MNC should:

• A)acquire a competitor that has controlled its local market.
• B)establish a subsidiary or acquire a competitor in a new market.
• C)establish a subsidiary in a market where tougher trade restrictions will adversely affect the firm's export volume.
• D)establish subsidiaries in markets where competitors are unable to produce the identical product.

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Definitions:

Seed Bank

A repository or collection of seeds preserved for the purpose of biodiversity conservation and agricultural sustainability.

Tropical Rain Forests

Dense forests found in regions near the equator, characterized by high rainfall and biodiversity.

Internal Criticism

A method in historiography or textual analysis where the authenticity and credibility of a document or source is evaluated.