Multinational corporations
What Multinational corporations means in Economics GCSE, as defined for AQA.
Definitions of Multinational corporations
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Reference: AQA
Companies that often relocate production to developing countries to reduce costs, which creates jobs but raises concerns about worker exploitation.
Powerful firms that may force local producers out of business, though they also provide supply chains and employment.
Businesses that establish operations overseas through foreign direct investment across borders.
Topics that use Multinational corporations
- Globalisation: benefits and drawbacks (AQA GCSE)
Related terms
- Consumer choice
- Economic integration
- Economies of scale
- Employment and unemployment
- Globalisation
- International trade
- Multinational companies
- Negative externalities
Using Multinational corporations in the exam
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