
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 20.3, Problem 5R
To determine
To prepare: A chart showing five multinational corporations affiliates, its origin country and products.
Expert Solution & Answer

Explanation of Solution
A multinational company is a corporate body with operations in more than two countries and is the organisational structure that determines foreign direct investment.
Following are the five MNCs with their affiliates and products.
Name | Affiliates | Product |
Microsoft | America | Operating system, Microsoft Office, outlook, etc. |
IBM | Bangalore | Storage solutions, business consulting etc. |
Nestle | Switzerland | Food and beverages like coffee, magi, etc. |
Procter & Gamble | America | Grooming, health, beauty, and household care, etc. |
Coca-Cola | U.S | Soft drink |
Chapter 20 Solutions
Economics Today and Tomorrow, Student Edition
Ch. 20.1 - Prob. 1RCh. 20.1 - Prob. 2RCh. 20.1 - Prob. 3RCh. 20.1 - Prob. 4RCh. 20.2 - Prob. 1RCh. 20.2 - Prob. 2RCh. 20.2 - Prob. 3RCh. 20.2 - Prob. 4RCh. 20.2 - Prob. 5RCh. 20.3 - Prob. 1R
Ch. 20.3 - Prob. 2RCh. 20.3 - Prob. 3RCh. 20.3 - Prob. 4RCh. 20.3 - Prob. 5RCh. 20 - Prob. 1AACh. 20 - Prob. 2AACh. 20 - Prob. 3AACh. 20 - Prob. 4AACh. 20 - Prob. 5AACh. 20 - Prob. 6AACh. 20 - Prob. 7AACh. 20 - Prob. 8AACh. 20 - Prob. 9AACh. 20 - Prob. 10AACh. 20 - Prob. 11AACh. 20 - Prob. 12AACh. 20 - Prob. 13AACh. 20 - Prob. 14AACh. 20 - Prob. 15AACh. 20 - Prob. 16AACh. 20 - Prob. 17AACh. 20 - Prob. 18AACh. 20 - Prob. 19AACh. 20 - Prob. 20AACh. 20 - Prob. 21AACh. 20 - Prob. 22AACh. 20 - Prob. 23AACh. 20 - Prob. 24AACh. 20 - Prob. 25AA
Additional Business Textbook Solutions
Find more solutions based on key concepts
There is a huge demand in the United States and elsewhere for affordable women’s clothing. Low-cost clothing re...
Operations Management
An experimental composite engine block for an automobile will trim 20 pounds of weight compared with a traditio...
Engineering Economy (17th Edition)
4. JC Manufacturing purchase d inventory for $ 5,300 and al so paid a $260 freight bill. JC Manufacturing retur...
Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
E2-13 Identifying increases and decreases in accounts and normal balances
Learning Objective 2
Insert the mis...
Horngren's Accounting (12th Edition)
Why a convertible security not be converted when the market price of stock raises above the conversion price an...
Gitman: Principl Manageri Finance_15 (15th Edition) (What's New in Finance)
The flowchart for the process at the local car wash. Introduction: Flowchart: A flowchart is a visualrepresenta...
Principles of Operations Management: Sustainability and Supply Chain Management (10th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Similar questions
- Problem 1 Regression Discontinuity In the beginning of covid, the US government distributed covid stimulus payments. Suppose you are interested in the effect of receiving the full amount of the first stimulus payment on the total spending in dollars by single individuals in the month after receiving the payment. Single individuals with annual income below $75,00 received the full amount of the stimulus payment. You decide to use Regression Discontinuity to answer this question. The graph below shows the RD model. 3150 3100 3050 Total Spending in the month after receiving the stimulus payment 2950 3000 74000 74500 75000 75500 76000 Annual income a. What is the outcome? (5 points) b. What is the treatment? (5 points) C. What is the running variable? (5 points) d. What is the cutoff? (5 points) e. Who is in the treatment group and who is in the control group? (10 points) f. What is the discontinuity in the graph and how do you interpret it? (10 points) g. Explain a scenario which can…arrow_forwardProblem 2 Difference-in-Difference In the beginning of 2005, Minnesota increased the sales tax on alcohol. Suppose you are interested in studying the effect of the increase in sale taxes on alcohol on the number of car accidents due to drinking in Minnesota. Unlike Minnesota, Wisconsin did not change the sales tax on alcohol. You decide to use a Difference-in-difference (DID) Model. The numbers of car accidents in each state at the end of 2004 and 2005 are as follows: Year Number of car accidents in Minnesota Number of car accidents in Wisconsin 2004 2000 2500 2005 2500 3500 a. Which state is the treatment state and which state is the control state? (10 points) b. What is the change in the outcome for the treatment group between 2004 and 2005? (5 points) C. Can we interpret the change in the outcome for the treatment group between 2004 and 2005 as the causal effect of the policy on car accidents? Explain your answer. (10 points) d. What is the change in the outcome for the control…arrow_forwardEnvironmental Economicsarrow_forward
- Environmental Economicsarrow_forwardEnvironmental Economicsarrow_forward1. The current price for a barrel of oil is $28. Assume the marginal extraction cost per barrel is $8 and the interest rate is 4 percent per year. a. According to the standard Hotelling model for a nonrenewable resource, what is the forecasted price for next year? b. How would your forecast change (qualitatively) if the demand for oil increased before next year?arrow_forward
- • What are the 5 positive and 5 negative attitudes a salesperson has? What are the best way to improve those negative attitudes? • What is the another concise definition of Salesmanship? • As a Watson's salesperson in the Philippines what are they're: - earning opportunities? - chances of promotion and career growth? - rewards and awards? - incentives and fringe benefits? - employment requirements?arrow_forwardWhere in the Victoria, BC is the most logging occurring? Include relative and absolute locationsarrow_forwardIn Foresty , What do most clear cut locations have in common with each other? Do they occur along the shorelines of lakes and rivers? Near major highways? Are they near cities or far from people?arrow_forward
- How sustainable is the forestry industry in BC in your opinion? Not at all, somewhat, very and explain your reasoning.arrow_forwardIn a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution: Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all. 6.Draw a standard Commercial Bank Balance Sheet and briefly explain each of the main components.arrow_forwardC1 The following model can be used to study whether campaign expenditures affect election outcomes: voteA = 0 + B₁ log(expendA) + ẞ₂ log(expendB) + ẞ3 prtystrA + u, where voteA is the percentage of the vote received by Candidate A, expendA and expend are campaign expenditures by Candidates A and B, and prtystrA is a measure of party strength for Candidate A (the percentage of the most recent presidential vote that went to A's party). == (i) (ii) (iii) (iv) What is the interpretation of B₁? In terms of the parameters, state the null hypothesis that a 1% increase in A's expenditures is offset by a 1% increase in B's expenditures. Estimate the given model using the data in VOTE1.DTA and report the results in usual form. Do A's expenditures affect the outcome? What about B's expenditures? Can you use these results to test the hypothesis in part (ii)? Estimate a model that directly gives the t statistic for testing the hypothesis in part (ii). What do you conclude? (Use a two-sided…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSONEngineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
- Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage LearningManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage LearningManagerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education


Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON

Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning

Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education