A multinational corporation is a company that has extensive economic activities in several countries in the form of ownership or control of production
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A multinational corporation is a company that has extensive economic activities in several countries in the form of ownership or control of production, and/or distribution. Other names for multinational companies, MNS, is multinational, international, or transnational corporations, TNS. It’s only after the Second World War that the concept of MNS has really become important as economic and political forces, and this importance is still growing.
Among other data, that value of production from MNS branches outside the mother country was of about the same magnitude as the total value of world trade as early as 1970, while about 1/8 of world trade consisted in transferring goods from one MNS branch to another within the same company.