A company or corporation which was subsidiaries, investments or operation in more than one country is known as ?
Correct answer: C. Both of them
- A. Multinational corporation
- B. Multinational company
- C. Both of them
- D. None of them
Explanation
A business operating through subsidiaries, investments, or operations in several countries is a multinational enterprise. Multinational corporation and multinational company are effectively synonymous here, so both options apply.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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