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Globalisation & MNCs. A2 Economics. Aims and Objectives. Aim: Understand the role MNCs play in globalisation Objectives: Define MNCs Examine the role MNCs play in globalisation Analyse the effects MNCs have on LDCs Evaluate the usefulness of globalisation. MNCs.
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Globalisation & MNCs A2 Economics
Aims and Objectives Aim: • Understand the role MNCs play in globalisation Objectives: • Define MNCs • Examine the role MNCs play in globalisation • Analyse the effects MNCs have on LDCs • Evaluate the usefulness of globalisation
MNCs • ‘an enterprise that controls and manages production establishments – plants – located in at least two countries. • Provide Foreign Direct Investment in countries (investments in the domestic economy in new manufacturing plants by foreign MNCs.
Globalisation’s Offspring • What are the major benefits of the growth of MNCs? • What are the advantages of rapid globalisation to MNCs?
MNCs • Not only investing in developing countries. Value of Inward Acquisitions of UK Companies 1986Q1-2009Q3
‘The Economics of Globalisation’ • Globalisation booklet • Spider diagram of argument for and arguments against globalisation. • Bullet point effects on UK economy • Bullet point effects on developing countries