2 GEOGRAPHY Multi-National-Corporations

What is a key reason multinational corporations (MNCs) are attracted to Ireland?

Ireland has a low corporation tax rate of 12.5% and an English-speaking workforce with access to the European Union.

Name two major multinational corporations located in Ireland.

Mastercard and Amazon.

What is one positive impact of MNCs on Ireland's economy?

They create high-value jobs, particularly in technology, and contribute tax revenue that funds government services.

What is a major criticism of multinational corporations?

MNCs often prioritize profit for shareholders and may close down operations if they can make more money elsewhere.

What unethical practices are some MNCs accused of in less developed countries?

Exploitation of workers, including child labor.

How can MNCs negatively impact the environment?

Some MNCs are guilty of environmental pollution.

What financial practice are some MNCs criticized for regarding taxes?

Tax avoidance.

What type of land deals are some MNCs involved in that exploit local populations?

Dubious land deals that take advantage of people and countries.