Statement I.The recent frequency of billion-dollar mergers and takeovers in the U.S.is part of a worldwide trend.
Statement II.If the international trend toward bigness through mergers continues,it is highly probable that in the not too distant future all large corporations will be considered multinationals.At that point no one will bother designating their national origin.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

Question

William FitzGerald · Accepted Answer

Final Answer : C, Explanation :  Statement I is true as the trend of billion-dollar mergers and takeovers has been observed worldwide. Statement II is also true as the trend of increasing bigness through merger and acquisitions is likely to continue, which could potentially result in large corporations being considered multinationals, regardless of their national origin. Therefore, both statements are true.

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