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Question
Expansive Sales Corporation, a U.S. firm, establishes a wholly owned subsidiary firm in Germany. In this situation, Expansive retainsa. control over the operation and ownership of the foreign facility.
b. control over the operation, but not ownership of the foreign facility.
c. neither control over the operation nor ownership of the foreign facility.
d. ownership of the foreign facility, but not control over the operation.
Answer
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