Impact Of MNCs In Country/economy Flashcards

1
Q

Benefits

A

They may invest (advantages of FDI)

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2
Q

Drawbacks

A

Drawbacks of FDI
- can damage environment (negative externality - external cost of people who don’t buy or sell the good)
- exploit labour
Lower incomes, slower growth

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3
Q

define MNC

A

Business that operates in more than one country

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