The meaning of FDI and MNCs
- Describe the nature of foreign direct investment (FDI) and multinational corporations (MNCs).
- Explain the reasons why MNCs expand into economically less developed countries.
- Describe the characteristics of economically less developed countries that attract FDI, including low cost factor inputs, a regulatory framework that favours profit repatriation and favourable tax rules.
- Evaluate the impact of foreign direct investment (FDI) for economically less developed countries.
Watch this short introduction to FDI on Investopedia.
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Finish it off during Friday's class if you need to.... otherwise, if you finish it today, you can work on your IA on Friday (remember, I am not here).