Final answer:
A corporation incorporated in another country is known as a foreign corporation, which is option A. Multinational corporations (MNCs) are businesses that control production in multiple countries, influencing both domestic and international affairs.
Step-by-step explanation:
A corporation that is incorporated in another country is known as a(n) foreign corporation. The correct option for the question is A) foreign. When we discuss multinational corporations, we're looking at corporate entities that control the production of goods and services across multiple countries. These businesses are deeply integrated with the global economy and influence both the domestic and international political landscape due to their size, wealth, and power.
Multinational corporations, or MNCs, can be seen as both a boon and a potential issue, depending on their effects on local economies and politics. They undergo scrutiny for their practices and influence because they play significant roles in international trade, workers' rights, and environmental concerns. Examples of such corporations include tech giants, oil companies, and financial institutions. As they expand globally, MNCs adhere to the laws, regulations, customs, and cultures of the nations they operate in, affecting each country's gross domestic product (GDP), circular flow, and business cycle.
It's essential to differentiate between the terms given in multiple-choice questions. While all the options might be somewhat related to international businesses, their meanings can be distinctly different. Thus, having a clear understanding of each term helps in selecting the correct option in the final answer.