A multinational corporation is
a. a corporation that operates completely within a single country.
b. a corporation that never operates in more than two countries.
c. a corporation that has its headquarters in one country and owns and operates other corporations in
other countries.
d. corporation that is chartered by a national government, and because of that charter is given the right to
operate in a variety of countries.
Question 2
Which of the following represents a weakness of dependency theory?
a. Fernando Cardoso's failure to turn around Brazil's economy after being elected president and relying heavily on dependency theory to guide his policies
b. The phenomenon of dual economies in the Third World
c. Failure to explain why some peripheral countries in East Asia grew faster than the United States and Europe in the 1980s and 1990s
d. Attribution of the North-South divide to historical imperialism and the nature of capitalist globalization
e. The inability to account for the failure of many poor countries to benefit from global economic liberalization to the extent that orthodox liberal economic theory predicted
Effect of an Increase in R&D in the Follower Country on the Steady State
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