A company that produces boats,which is headquartered in Japan,formed a new company in the United States to avoid paying a tariff on its boats manufactured for the U.S.market.This new company is an example of a subsidiary.

Question

Quizplus · Accepted Answer

To avoid tariffs and quotas,a company might create a subsidiary to produce the product in the foreign country.

A Company That Produces Boats,which Is Headquartered in Japan,formed a New