Global Industries and Multinational Corporations (Edexcel 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 is Foreign Direct Investment (FDI)?
What is Foreign Direct Investment (FDI)?
Overseas business investing in foreign country
How many workers did Honda's Mexico factory employ in 2014?
How many workers did Honda's Mexico factory employ in 2014?
3,200 workers
What is the multiplier effect of MNC investment?
What is the multiplier effect of MNC investment?
Creates demand for local suppliers/services
What are repatriated profits?
What are repatriated profits?
Profits MNCs transfer back to home country
What is horizontal technology transfer?
What is horizontal technology transfer?
Knowledge spreads across same industry
How does transfer pricing minimize MNC tax liability?
How does transfer pricing minimize MNC tax liability?
Sells to low-tax subsidiary at low price
What is the balance of payments?
What is the balance of payments?
Record of financial transactions with world
How do MNCs typically reduce prices for consumers?
How do MNCs typically reduce prices for consumers?
Using modern, efficient production methods
What helps MNC employees start their own businesses?
What helps MNC employees start their own businesses?
Accumulated capital and developed skills
Which creates negative balance of payments impact?
Which creates negative balance of payments impact?
Importing machinery and repatriated profits