Internationalisation (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What distinguishes an MNC from a business that simply exports products abroad?
What distinguishes an MNC from a business that simply exports products abroad?
MNCs have physical operations in countries
Why do some MNCs have significant economic power globally?
Why do some MNCs have significant economic power globally?
Annual turnovers exceed some countries' GDP
What is Foreign Direct Investment (FDI)?
What is Foreign Direct Investment (FDI)?
Long-term investment in physical assets
Which tax types might MNCs pay in developing countries?
Which tax types might MNCs pay in developing countries?
Land, wages, profits, and exports
Why might MNCs locate in countries with less strict employment laws?
Why might MNCs locate in countries with less strict employment laws?
To employ child labour and reduce costs
How do some MNCs exploit developing countries through product safety?
How do some MNCs exploit developing countries through product safety?
Sell products not meeting EU/US standards
Why do MNCs maintain factories in EU countries?
Why do MNCs maintain factories in EU countries?
Sell to all EU nations without import tax
Why do Toyota and Honda have factories in the UK?
Why do Toyota and Honda have factories in the UK?
Distribution within the EU market
What is EU harmonisation of employment laws?
What is EU harmonisation of employment laws?
Standardising laws across member states
How does transfer pricing reduce tax for MNCs?
How does transfer pricing reduce tax for MNCs?
Show profits in low-tax rate countries