2.1.3. Multinational companies (MNCs) in the global economy
A subsection of Commerce, 7100, through 2. Commercial operations
Listing 10 of 61 questions
shows the percentage of output produced by different activities in country A. Manufacturing: 10% Services: 63% Agriculture: 27% Country A’s industrial activities Use to help you answer the following questions. Identify the correct type of industry (primary, secondary, tertiary) to match the activities in . Services Manufacturing Agriculture Is it a good idea for country A to specialise in services? Give reasons for your answer. The people of country A are concerned about the amount of pollution caused by multinational mining companies locating in country A, and increased traffic on its roads. Define multinational company (MNC). Explain two reasons why increased traffic is a source of pollution in a country. Circle the correct answer to complete each of the following sentences. An important factor affecting the location of mining firms is being near to customers OR a good transport network. A fixed asset of a mining company is inventory OR land. Are the advantages of multinational companies (MNCs) setting up in a country greater than the disadvantages? Give reasons for your answer.
7100_w22_qp_21
THEORY
2022
Paper 2, Variant 1
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BB is a multinational oil company based in the UK. BB extracts oil in several countries and supplies it to the global market. Identify the type of industry that extracts oil. Define global market. State whether the following transactions would be recorded as exports or imports on the UK Balance of Trade. Selling oil to Japan Buying drilling equipment from the US Do you agree that pipelines are the best way to transport liquids such as oil? Give reasons for your answer. BB now wants to extract oil in a new host country. Evaluate the advantages and disadvantages to the new host country of BB’s activities.
7100_s23_qp_23
THEORY
2023
Paper 2, Variant 3
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Some car companies in the international motor industry manufacture cars in countries where tariffs and quotas exist. Explain what are meant by: tariffs quotas. What effect will the introduction of tariffs and quotas have on: the import of foreign cars into a country domestic industries within that country? Explain how the following will affect the Balance of Payments of a country: a company manufacturing cars there for export an importer of car parts a bank in that country providing services to customers in other countries. ‘The growth of the global economy makes countries more dependent on one another.’ Is this true? Give reasons for your opinion.
7100_w13_qp_21
THEORY
2013
Paper 2, Variant 1
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International trade has many benefits for a country’s population. State two benefits of international trade for the people of a country. Which of these statements about transport are TRUE and which are FALSE? Tick (✓) TRUE or FALSE in the correct column. TRUE FALSE A container carries only one type of cargo. Logistics is a mode of transport. Marine insurance covers the loss of cargoes. A number of multinational companies (MNC) have asked the government of a country if they can open factories in the country. The government is concerned about the effects of these MNCs on the country. Discuss whether or not the government should allow the MNCs to open their factories in the country. Recommend what the government should do. Give reasons for your answer.
7100_w18_qp_22
THEORY
2018
Paper 2, Variant 2
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Questions Discovered
61