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The global economy

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Question 5

According to global economic data, multinational corporations (MNCs) now account for a vast proportion of global trade, operating hundreds of thousands of foreign affiliates. A growing number of prominent MNCs, such as Samsung, Intel, and Nike, have rapidly expanded their production and operational presence in Vietnam.

Explain one reason for the rapid expansion of MNCs in a developing country such as Vietnam.

[3]

The global economy Questions

  1. IGCSE
  2. /Economics
  3. /The global economy