Multinational companies Definitions Flashcards
1
Q
Host country
A
a country that allows a multinational company to operate within its borders
2
Q
Globalisation
A
the increased movement of people, products, ideas, culture and finance across international borders
3
Q
Foreign direct investment(FDI)
A
the long-term investment by multinational corporations in a foreign country(e.g. purchasing at least a 10% share of a foreign company, expanding operations in a new country, etc.)
4
Q
Home country
A
a business’ country of origin and registration
5
Q
Tariff
A
a tax impose by one country on the goods and services imported from another country(to influence it, raise revenues, or protect competitive advantages)
