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Multiple Choice
Commonly used terms under the multinational rubric include all of the following, except:
A
Multinational enterprise
B
International firm
C
Domestic monopoly
D
Transnational corporation
Verified step by step guidance
1
Step 1: Understand the context of the question, which asks about terms commonly used under the 'multinational' rubric. This means we are looking for terms that describe firms operating across multiple countries.
Step 2: Review each term given: 'Multinational enterprise', 'International firm', 'Domestic monopoly', and 'Transnational corporation'. Consider the definitions and scope of each term.
Step 3: Recognize that 'Multinational enterprise', 'International firm', and 'Transnational corporation' all refer to companies that operate in more than one country, fitting the multinational category.
Step 4: Identify that 'Domestic monopoly' refers to a firm that operates only within one country and has monopoly power there, which does not fit the multinational category.
Step 5: Conclude that the term that does not belong under the multinational rubric is 'Domestic monopoly' because it is limited to a single country and does not involve international operations.