These cases help to explain why the overseas subsidiaries of American companies manufacture and sell abroad more than $700 billion a year in products.

Coke's Indian subsidiary employs nearly 6,000 people and sells the drink from thousands of coolers across the country.

The subsidiary then sold $500,000 in stock - most of its entire capitalization - to investors.

In turn, the subsidiaries can sell to small jewelers in their area.

Indeed, the overseas subsidiaries of America-owned companies now sell products worth more than $700 billion abroad, twice the nation's annual exports.

The subsidiary sells clothing to the sub-teen market.

Today a subsidiary still sells furniture and other consumer items at a cash-and-carry shop.

Its subsidiary will sell and service its products, employing about 50 people in its first year.

Amoco said a subsidiary would sell some oil and gas properties to Apache in a deal worth more than $546 million.

In recent years, it established another subsidiary, the Electric Clearinghouse, to sell electricity.