Markets Flashcards
1
Q
Local markets
A
Where coustomers buy products where they live
2
Q
National markets
A
Distributes a product thought a country
3
Q
International market a
A
Operates in more than 1 county
4
Q
Differences between international and multinational
A
International companies are importers and exporters they have no investments outside of home country
Multinational have investments in other counties
5
Q
Reason for growth multinational
A
- emerging economies
- economies of scale
- external growth
6
Q
Benefits of multinational
A
Add to county gdp
Increase competition
7
Q
Disadvantages of multinational
A
Tax avoidance
domestic business
