The power of a multinational corporation is constrained not only by la

QUESTION

The power of a multinational corporation is constrained not only by laws and regulations, but also by the discipline of the market and the competitive process.

Indicate whether the statement is true or false.

ANSWER

TRUE
Multinational corporations have power that comes from their control over resources and their ability to move production from country to country. Although that power is constrained not only by laws and regulations, but also by the discipline of the market and the competitive process, it is substantial.