Which of the following statements about multinational firms is NOT true? OA multinational corporation is a business firm that operates in more than one country but is headquartered or based in its home country. O Multinational corporations are owned by domestic stockholders only. O Multinational corporations may purchase raw materials from one country, obtain financing from a capital market in another country, and produce finished goods with labor and capital equipment from a third country. O Multinational corporations may be owned by foreign stockholders.
Which of the following statements about multinational firms is NOT true? OA multinational corporation is a business firm that operates in more than one country but is headquartered or based in its home country. O Multinational corporations are owned by domestic stockholders only. O Multinational corporations may purchase raw materials from one country, obtain financing from a capital market in another country, and produce finished goods with labor and capital equipment from a third country. O Multinational corporations may be owned by foreign stockholders.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Which of the following statements about multinational firms is NOT true?
OA multinational corporation is a business firm that operates in more than one country but is headquartered or based in its
home country.
O Multinational corporations are owned by domestic stockholders only.
O Multinational corporations may purchase raw materials from one country, obtain financing from a capital market in another
country, and produce finished goods with labor and capital equipment from a third country.
O Multinational corporations may be owned by foreign stockholders.
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