GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Multinationals benefit consumers and workers by providing jobs and products around the world. Often the jobs they provide help people in poorer nations enjoy better living standards.Which of the following counterarguments to the statement above is true?
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Multinationals don’t benefit poorer nations because multinationals don’t have to pay taxes in the countries in which they operate.
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Multinationals often provide jobs with low wages and poor working conditions in the countries in which they operate.
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Multinationals don’t sell their products in the same countries in which they hire workers.
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Multinationals typically use old-fashioned technology in poorer nations.
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Explanation:
Detailed explanation-1: -The Reasons a Business Might Become Multinational A multinational company can produce different parts of their business in other places to maximize profits and efficiency. Outsourcing: Many businesses can cut costs when outsourcing tasks or services internationally.
Detailed explanation-2: -A corporation, sometimes called a C corp, is a legal entity that’s separate from its owners. Corporations can make a profit, be taxed, and can be held legally liable. Corporations offer the strongest protection to its owners from personal liability, but the cost to form a corporation is higher than other structures.
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