Practice Quiz

CLEP Intro to Sociology

Category - Economic Inst

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Which of the following is an example of a multinational corporation? Choose all that apply.

  1. A company that produces and sells goods only in another country
  2. A company that sells goods in many countries
  3. A company that creates goods in one or more foreign countries
  4. None of the above
Explanation

Answers: B and C - A multinational corporation is one that produces and/or sells products in multiple countries. With increasing globalization, the number of multinational corporations is growing. A company that only produces and sells in one country is not multinational and may not have the same cost saving and revenue producing options as multinationals.

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