Common practices of ________ include exploiting the distinctive economic assets of different countries and regions, organizing production according to a spatial division of labor, placing earnings in offshore bank accounts to avoid paying taxes, and moving factories from high wage regions to low wage regions.
A) transnational corporations
B) nonessential employees
C) democratic governments
D) nationalized corporations
E) locally owned corporations

Question

Quizplus · Accepted Answer

The practices described in the statement are commonly associated with transnational corporations, which operate across national boundaries and seek to maximize profits by exploiting the advantages offered by different regions and countries. This often involves moving operations to places where labor is cheaper and tax laws are more favorable, and using offshore accounts to avoid taxes. These practices are criticized by some for their impact on workers and local communities, as well as for their potential to undermine national sovereignty and democratic decision-making.

Common Practices of ________ Include Exploiting the Distinctive Economic Assets