With the development of the global economy, many companies engage in a worldwide manufacturing business and claim they are a multinational company. Some economists 【C1】______ between the international firm and the multinational company in the following way. the 'international firm' is a term that 【C2】______ enterprises with various degrees of world orientation in their business 【C3】______ the 'multinational company' is one type of international firm. The international firm engages in any activity or 【C4】______ of activities from exporting, importing and licensing to full scale manufacturing in a number of countries. The international 【C5】______ of such a company varies from the point at which overseas sales and profits take on importance and top management begins to 【C6】______ some attention to them to the stage 【C7】______ the company is globally oriented in its marketing, production, 【C8】______ , and other decisions and 【C9】______ alternative opportunities around the world. When a company reaches the latter stage, it be-comes 【C10】______ . Thus, the multinational company is one type of international company. It is a 【C11】______ developed international company with a deep worldwide involvement and a global perspective in its management and decision making. More 【C12】______ , the multinational company in manufacturing does business in a number of countries it has a substantial commitment of its resources in international business it 【C13】______ international production in a number of countries and it has a 【C14】______ perspective in its management. Significant 【C15】______ exist among multinational companies. First, such a company may not 【C16】______ do business in every region and country in the world, 【C17】______ it considers opportunities throughout the world. Second, it has a 【C18】______ portion of its assets invested in international business 【C19】______ it makes a substantial part of its sales and earns a considerable part of its 【C20】______ overseas. 【C1】