`the Economic Power And Ability Of Any State Has Been Reduced By The Rise Of The Multinational Firm.

NameUniversityCourseTutorCourseDateMulti dry landal Firms and the Nation StateIntroductionA multi solid groundal true is any transaction that is registered and has its op geological erations in more than championness nation . disdain the incident that a multinational has operations in more than one realm , its headquarters is usually in one clownish . Multinational firms either manage production or resign services in more than a iodine nation . The country where the firm has its headquarters is referred to as the post country , while the countries where it carries out its operations are the man countries (Shah 2002 . The tumefy known pioneer multinational firm is the Dutch eastside India Company . Currently , there are rattling more firms with offices branches and accompanimentories in many nations away from their h ome countries In fact this is has start one of the major features in this globalisation era . some of the firms are very big .

Some of them stand a budget that is higher than the national gross domestic product of their host country (Pitelis and Sugden 2000 . These companies check grown to have potent economic power in their host states as salutary as in the global economy Multinational firms have become very powerful in international traffic as well as globalisation . The presence of such(prenominal) strong players in the global economy has become a moot . This seeks to prove the fact that the economic power and c apacity of nation states has been reduced by! the rise of the multinational firm (Shah 2002 . The get out tackle this...If you want to get a full essay, inn it on our website: OrderCustomPaper.com

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