Chapter 6 (Multinational companies) Flashcards

1
Q

Foreign direct investment (FDI)

A

the purchasing of interest in a company by an investor from another country

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2
Q

Host country

A

The country taking in an MNC

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3
Q

Globalization

A

The interaction and integration among companies and countries

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4
Q

Gross domestic product (GDP)

A

The value of goods and services produced in a country

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5
Q

Multinational company (MNC)

A

A company that operates in countries aside from where its head office is located in

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6
Q

Protectionist policies

A

Measures imposed by a country to imported goods

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