Questions and Answers
What are the positive effects of economies of scale in globalization?
Lower costs per unit due to access to more markets.
How do global companies create jobs?
Directly and indirectly in both developed and less developed countries.
Give an example of economic growth from global company investments.
Intel investing €3.63 billion in Kildare.
How much did Ireland earn from corporation tax in 2019?
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Why are global companies beneficial for research and development?
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What is globalization?
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What role does the Internet play in globalization?
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How has increased trade promoted globalization?
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How has increased trade promoted globalization?
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What is Foreign Direct Investment (FDI)
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How does FDI contribute to employment?
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What impact does FDI have on tax revenue?
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How does FDI support exports?
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What is a negative effect of over-reliance on FDI for employment?
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Why is Ireland criticized for its corporation tax?
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List a negative environmental impact of globalization.
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How might globalization lead to worker exploitation?
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What is repatriation of profits?
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Why do MNCs avoid paying taxes?
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What is the potential risk of MNCs having no loyalty to the host country?
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Why is Ireland attractive for FDI?
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