PAP 3325 Lecture 4: PAP3325 - Lecture 4

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A corporation that invests across national borders and/or establishes branch plants, subsidiaries, or other operations in more than one country. Usually used as a synonym of transnational corporation" and multinational enterprise term used by social scientists. Mnc has a management headquarters in one country, known as home country and operated in different countries. The zones in which tariffs on goods are eliminated and incentives are given to foreign companies to attract foreign direct investment. Export-led economic growth: important economic strategy prescribed to and subscribed by southern countries in their path to progress and development especially since the 1970s. Processing of goods are allowed inside the boundaries for export without paying duties on imported components. Physical presence or corporate form (such as branch plant) Fdi differentiates this mode of investment from indirect investment, also known as portfolio capital. Emerging gendered labour relations born due to the process of globalization.

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