A(n) ________ is a firm that has made sizeable investments and has a physical presence in several foreign countries as a manufacturer and marketer of products and services.
A) trade cartel
B) multinational corporation
C) host company
D) import trading company

Question

Quizplus · Accepted Answer

A multinational corporation is a firm that has invested a significant amount of money and has a presence in multiple foreign countries as a producer and distributor of goods and services. Trade cartel refers to a group of companies that come together to control and manipulate the price and supply of a product. A host company typically refers to a company that is based in a foreign country and provides services to foreign businesses. An import trading company is a business that specializes in importing goods from foreign countries to sell in their domestic market.

A(n) ________ Is a Firm That Has Made Sizeable Investments