How have multinational corporations changed the global economy?
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They used to trade in raw materials, food stuff and varieties of finished goods. (ii) But with the entry of MNCs, economic activities of companies were spread over many countries. ... (iii) Hence, MNCs have enabled goods and services to be produced globally which has greatly impacted the world economy
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When multinational corporations invest in a country they create employment opportunities. They account for increased incomes and expenditures in the economy of the host country stimulating growth. Workers also benefit from technology transfer as new machinery is imported into the host country.
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