The following year the company formed its first foreign subsidiary in Canada.

Companies transfer drug patents to their own foreign subsidiaries, he said.

United States trade through foreign subsidiaries has ground to a halt.

The organization may see capital flight, as the best men in the foreign subsidiary will seek other employment opportunities.

The thing we're asked to do most often for clients," he said, "is to help companies develop the potential of their foreign subsidiaries.

They get around the letter of the law by selling the oil abroad, not at home, and using foreign subsidiaries to handle the business.

There were five members in the cartel and two friendly foreign subsidiaries.

After the one-year break, however, foreign subsidiaries would pay 33.25 percent.

In 1987, the company's first foreign subsidiary was established in Austria.

So it prohibited foreign subsidiaries of American businesses from participating.