Impact Of MNCs In Country/economy Flashcards
1
Q
Benefits
A
They may invest (advantages of FDI)
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
3
Q
define MNC
A
Business that operates in more than one country