All of the following statements about transnational corporations (TNCs) are true except
A) as a result of the operations of TNCs, U.S. consumers frequently benefit from low prices that are subsidized by the social costs absorbed by citizens in much poorer countries.
B) to locate themselves near consumers who buy their products, TNCs direct most investment to affluent countries north of the equator.
C) TNCs often benefit from lax labor laws in poor countries.
D) TNCs often benefit from poor countries' weak enforcement of environmental regulations.
E) there is no significant foreign-based TNC investment in the United States.
Correct Answer:
Verified
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