Imagine that in 2016 a U.S.firm acquired a plant in France.In 2017 that plant accounted for 10 percent of the U.S.firm's sales.Why is the U.S.firm NOT a multinational enterprise?
A) The U.S. firm IS a multinational enterprise because it engaged in foreign direct investment.
B) Its foreign sales took place in a different year than its foreign acquisition.
C) Because of its trade agreements with France, a U.S. firm operating there is not considered multinational.
D) Its foreign sales are less than 25 percent.
Correct Answer:
Verified
Q10: The largest share of U.S.direct investment abroad
Q11: Which of the following are the economic
Q12: In recent years, MOST foreign direct investment
Q13: Imagine that Amazon purchases a Japanese grocery
Q14: Imagine that Microsoft is having difficulty selling
Q16: The source (home) location of most of
Q17: Imagine that a U.S.firm issues a press
Q18: MOST foreign direct investment in the United
Q19: Apple develops new iPhones in the United
Q20: Suppose that an American automobile manufacturer establishes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents