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23 October, 17:59

A country that has multinational corporations is most likely to be

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  1. 23 October, 18:01
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    A country that has multinational corporations is most likely to be: developed economy.
  2. 23 October, 18:13
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    Options:

    A) a developed economy

    B) a transitioning economy

    C) a developing economy

    D) a control economy

    Answer:

    A) a developed economy

    Explanation:

    A country with a developed economy has both high income per capita, high industrialization, good infrastructure, but also high standard of living (e. g. long life expectancy, many years of schooling, etc.).

    Some economies may have a an extremely high income per capita but are still considered developing countries because the standard of living for the vast of the population is very low, e. g. Qatar, Saudi Arabia, UAE, etc.

    I believe all developed countries are democracies and follow some type of capitalistic economical model.
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