When European Demand for a Certain Solvent Declined,Dow Chemical Instructed

question 69

Multiple Choice

When European demand for a certain solvent declined,Dow Chemical instructed its German plant to switch to manufacturing a chemical that had been imported from Louisiana and Texas.Dow Chemical would be best described as a(n) :

• A) global enterprise
• B) global trader
• C) cultural marketer
• D) exporting company
• E) multinational corporation

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Definitions:

Fredric Jameson

A literary critic and Marxist political theorist known for his analysis of contemporary cultural trends and the concept of postmodernity.

Monopoly Capitalism

An economic system characterized by the concentration of economic power in the hands of a few individuals or corporations, leading to market dominance and limiting competition.

Autonomy

The capacity to make an informed, uncoerced decision; often associated with the ability to govern oneself or an entity's independence.

Frederic Jameson

A literary and cultural critic known for his analysis of contemporary cultural trends and the critique of postmodernity.