A corporation is considered a multinational ________ if ________.
A) parent; it owns more than 10 of a foreign firm
B) parent; more than 10 of its stock is held by a foreign company
C) child; more than 10 of its stock is held by a foreign company
D) child; more than 50 of its stock is held by a foreign company
E) monopolist; it owns more than 50 of a foreign firm
Question 2
Under fixed rates, which one of the following statements is the MOST accurate?
A) Monetary policy can affect only output.
B) Monetary policy can affect only employment.
C) Monetary policy can affect only international reserves.
D) Monetary policy can not affect international reserves.
E) Monetary policy can only affect money supply.
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