Impact of MNCs on Global Trading Patterns (Leaving Cert Geography): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What percentage of annual global trade do MNCs account for according to UN data from 2022?
What percentage of annual global trade do MNCs account for according to UN data from 2022?
80%
To approximately how many countries does Pfizer distribute its medicines?
To approximately how many countries does Pfizer distribute its medicines?
100 countries
Which specialized ingredients does Pfizer source for vaccine manufacturing?
Which specialized ingredients does Pfizer source for vaccine manufacturing?
Lipids, salts, sugars, & proteins
From which type of economies does Pfizer source most of its raw materials?
From which type of economies does Pfizer source most of its raw materials?
MEDCs
How many people does Pfizer employ in Ireland across its five locations?
How many people does Pfizer employ in Ireland across its five locations?
5,000 people
How much has Pfizer invested in its Irish operations?
How much has Pfizer invested in its Irish operations?
Over €8 billion
What benefit do MNCs like Pfizer provide to local pharmaceutical companies in producer regions?
What benefit do MNCs like Pfizer provide to local pharmaceutical companies in producer regions?
Technology transfer & knowledge
What was Lipitor's approximate cost for one month's supply in the US before patent expiry in 2011?
What was Lipitor's approximate cost for one month's supply in the US before patent expiry in 2011?
$175
By what percentage did Lipitor's price reduce after patent expiry by 2013?
By what percentage did Lipitor's price reduce after patent expiry by 2013?
Over 97%
What population coverage did many LEDCs achieve during initial COVID-19 vaccine rollouts?
What population coverage did many LEDCs achieve during initial COVID-19 vaccine rollouts?
Less than 10%
What is the primary goal of MNCs engaging in international trade?
What is the primary goal of MNCs engaging in international trade?
Reaching vast numbers of consumers
Why did MEDCs receive priority access to COVID-19 vaccines compared to LEDCs?
Why did MEDCs receive priority access to COVID-19 vaccines compared to LEDCs?
Greater purchasing power