Any firm that engages in international trade or investment is referred to as:
A)a multinational.
B)a franchise.
C)a conglomerate.
D)an international business.

Question

Quizplus · Accepted Answer

An international business refers to any firm that engages in international trade or investment. The other choices refer to specific types of businesses that may or may not engage in international activities. A multinational refers to a company with operations in multiple countries, a franchise is a specific business model where the franchisor grants the franchisee the right to use their brand and operating system, and a conglomerate is a company that owns a variety of businesses in different industries.

Any Firm That Engages in International Trade or Investment Is