Which of the following is not true regarding transnational corporations?

A. They employ more than 78 million people.
B. The sales of their foreign affiliates have grown about 700 percent in the past 20 years.
C. They account for approximately 50 percent of total global output.
D. They account for approximately two-thirds of world trade.
E. They have approximately 810,000 foreign affiliates.


Answer: C

Business

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