Which of the following is an inherent disadvantage to being a multinational enterprise (MNE)?
A. An MNE does not have the same assets as those held by its local competitors in the host market.
B. An MNE does not initially have the native understanding of local laws, customs, procedures, practices, and relationships.
C. An MNE's profits are doubly taxed by two governments.
D. An MNE does not enjoy comparative advantages in the same goods as those of its local competitors in the host market.
Answer: B
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a. national income divided by number of households. b. national income divided by number of people. c. number of households divided by national income. d. number of people divided by national income. e. number of people divided by domestic income.
Which of the following is closest to the future value of a $100 deposit earning 5 percent interest annually after 5 years?
A. $1,268 B. $128 C. $105 D. $125
If the marginal propensity to save (MPS) is 0.10, the value of the spending multiplier is:
A. 1. B. 9. C. 10. D. 90.
The Brady Plan helped to end
A. the 1997 currency crisis. B. the 1980s debt crisis. C. the European debt crisis. D. the 1991 global recession.