Foreign Multinational Corporations (MNCs) in AP Comparative Government and Politics

Definition

Foreign Multinational Corporations, or MNCs, are large companies based in one country that operate and have subsidiaries in multiple countries. They play a significant role in the global economy by expanding their operations internationally.

Related terms

Globalization:

The process of increasing interconnectedness and integration among countries through economic, political, and cultural exchanges.

Transnational Corporation: Similar to MNCs, transnational corporations operate in multiple countries but do not necessarily have headquarters in any specific country.

FDI (Foreign Direct Investment): FDI refers to investments made by individuals or companies from one country into another country's businesses or assets. It is often associated with MNCs expanding their operations abroad.