Multinational corporations

Definition

Multinational corporations are companies that operate in multiple countries beyond their original country of establishment. They manage production or deliver services in more than one country and have a significant influence on global trade dynamics.

Related terms

Globalization: The process by which businesses or other organizations develop international influence or start operating on an international scale.

Foreign Direct Investment (FDI): An investment made by a firm or individual in one country into business interests located in another country.

International Trade: The exchange of goods and services between countries, which plays a crucial role in the global economy