Multinational companies are large corporations that operate in multiple countries, with headquarters in one country and branches or subsidiaries in others. They conduct business activities on a global scale.
Globalization: The process of increasing interconnectedness and interdependence among countries through the exchange of goods, services, information, and ideas.
Foreign Direct Investment (FDI): When a company from one country invests in another country by establishing operations or acquiring assets.
Transnational Corporations: Similar to multinational companies, transnational corporations operate across national borders but may not have a clear home base or headquarters.
AP Comparative Government - 5.1 Impact of Global Economic and Technological Forces
What is the role of multinational companies in globalization?
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