Economics · May / June 2021 · Paper 12 · Question 13
2281Firms
A Swedish furniture maker bought a Romanian firm that owned 83 000 hectares of trees. Which type of merger is this most likely to be?
- Adiversification
- Bhorizontal
- Cvertical backward
- Dvertical forward
As printed in the paper
Show the answer
Correct answer: C. vertical backward
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