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CLEP Western Civ I

Category - Early Modern Europe

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Which company was the first multinational corporation and the first company to issue stock?

Dutch East India Company
Hanseatic League
South Sea Company
Hudson Bay’s Company
British East India Company

Explanation

Answer: A - The Dutch East India Company was the first multinational corporation and the first company to issue stock for trade. Founded in 1602 in the Netherlands, the company had a monopoly to colonize Asia. However, the company also explored North America under English explorer Henry Hudson, notably the present-day New York City-area.

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CLEP Western Civ I

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CLEP Western Civ I

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