Multinational companies
What Multinational companies means in Economics GCSE, as defined for AQA.
Definition of Multinational companies
Check what you remember
Read the wording for your board, then hide it and explain Multinational companies in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Companies that establish production facilities in countries with lower labour costs and sell products in multiple international markets.
Topics that use Multinational companies
- Globalisation: benefits and drawbacks (AQA GCSE)
Related terms
- Consumer choice
- Economic integration
- Economies of scale
- Employment and unemployment
- Globalisation
- International trade
- Multinational corporations
- Negative externalities
Using Multinational companies in the exam
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