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Multinational corporations operate across borders from "summary" of International Economics by Robert Carbaugh
Multinational corporations are firms that conduct business in multiple countries. These companies operate across borders, establishing subsidiaries, joint ventures, or strategic alliances in different nations. By expanding internationally, multinational corporations seek to access new markets, reduce production costs, and diversify their sources of revenue. Operating across borders allows multinational corporations to take advantage of differences in labor costs, natural resources, and consumer preferences. For example, a company may choose to establish manufacturing facilities in countries with lower labor costs to reduce production expenses. Additionally, multinational corp...
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