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
2
Q
Host country
A
The country taking in an MNC
3
Q
Globalization
A
The interaction and integration among companies and countries
4
Q
Gross domestic product (GDP)
A
The value of goods and services produced in a country
5
Q
Multinational company (MNC)
A
A company that operates in countries aside from where its head office is located in
6
Q
Protectionist policies
A
Measures imposed by a country to imported goods