The difference between an international corporation and a multinational corporation is that the international corporation
a. produces in North America while the multinational corporation produces worldwide
b. sells its products in North America while the multinational corporation sells its products worldwide
c. sells only products while the multinational corporation sells products and services
d. produces only in the home country while the multinational corporation produces in two or more countries
e. exports goods and services while the multinational corporation imports goods and services
D
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The differences between monetarist and Keynesian theories are more apparent than real
a. True b. False Indicate whether the statement is true or false
The marginal product of labor is
A. the percentage change in output divided by the percentage change in labor. B. the change in output that results from an increase of labor by one unit. C. the output produced by a worker of average quality. D. total output divided by total labor.