Transnationalism: Transnationalism refers to the idea of interconnectedness between nations, where global corporations play a significant role in shaping international relations and economies.
Globalization: Globalization is the process of increased interconnectedness and interdependence among countries through trade, communication, and cultural exchange. Global corporations are key drivers of globalization.
Foreign Direct Investment (FDI): FDI is when a company from one country invests in another country's economy by establishing operations or acquiring assets. Global corporations often engage in FDI as part of their expansion strategies.