Which of the following is not true regarding state-owned transnational corporations?
A) There is an estimated minimum of 550 state-owned transnationals.
B) State-owned transnationals are from both developed and developing countries.
C) They have over $2 trillion in assets.
D) They have more than 15,000 foreign affiliates.
E) They account for more than 11 percent of all transnational corporations.

Question

Quizplus · Accepted Answer

While the vast majority of transnationals are privately owned, government ownership also represents an important element among the world's international companies. UNCTAD estimates include a minimum of 550 state-owned transnationals, from both developing and developed countries, with more than 15,000 foreign affiliates and assets exceeding $2 trillion. Although they constitute fewer than 1 percent of all transnational corporations, these state-owned firms account for more than 11 percent of the world's foreign direct investment.

Which of the Following Is Not True Regarding State-Owned Transnational