I‑ Growth of Multi-National Corporations (MNCs)
•What is a Multi-National Corporation?
•Operates production or service facilities in more than one country
•Why? What is the alternative?
–Internal Dynamics of companies
–Nature of overseas markets - growth of trading blocks
–Restraints and Incentives
Why? What is the alternative?
Export v. Direct Investment

Restraints and Incentives
tariffs, quotas, domestic content legislation, subsidies, tax concessions & exchange risk