Multinational corporations

Definition

Multinational corporations are companies that operate in multiple countries beyond their original country of establishment, producing and selling goods or services on a global scale. They play a significant role in international trade, economic diplomacy, and the global market dynamics.

Related terms

Globalization:

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Foreign Direct Investment (FDI): An investment made by a firm or individual in one country into business interests located in another country.

Trade Agreements:

Legally binding contracts between two or more nations that outline the terms of trade and investment between them