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Subsidiary is an entity that is held by another company, also known as the parent company, with distinct rights and authority to pay its own tax.

If a company holds a 100% interest in the subsidiary company, then it is known as a wholly owned subsidiary of the parent company.

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Absolute Advantage

What is an Absolute Advantage? Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
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