Olive oil prepared in a small Italian oil press factory and sold by large supermarkets in the United States is an example of a ________.
A) net national product
B) U.S. export
C) U.S. import
D) gross domestic product
Question 2
A business that has direct investments (in the form of marketing or manufacturing subsidiaries) abroad in several countries is called a ________.
A) dummy corporation
B) shell corporation
C) multinational corporation
D) domestic corporation
Question 3
As a result of globalization, Argonia finds that its national borders are becoming less relevant. This indicates that Argonia is undergoing ________.
A) denationalization
B) standardization
C) reorganization
D) internationalizatio n
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Intergenerational Income Mobility in the United States