In 2012, U.S.-based Wal-Mart received approval to merge with Massmart, a discount retailer in South Africa. This action further solidifies Wal-Mart as what type of entity?
A) exporter
B) importer
C) e-commerce merchant
D) multinational corporation
E) outsourcer
Answer: D
Explanation: D) Globalization has led to an increase in the growth of multinational corporations, often through mergers with and acquisitions of other companies.
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