Multinational organizations can shop from country to country and cut costs through:

A) lower wage scales.
B) lower indirect costs.
C) less stringent regulations.
D) lower taxes and tariffs.
E) all of the above.

E

Business

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Economist David Ricardo developed the theory of comparative advantage

Indicate whether the statement is true or false

Business

Profitable companies often prefer to issue debt rather than preferred stock because

A) debt creates less risk for the company. B) interest payments are fixed but preferred shareholders expect dividends to grow. C) preferred shares dilute the voting rights of common shareholders but bonds do not. D) interest on debt is deductible for tax purposes, but preferred dividends are not.

Business