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Multinational company (MNC)
A business that operates in more than one country.
Home country
The country where a multinational company's headquarters or main base is located.
Host country
The country in which a multinational company operates outside its home country.
Foreign direct investment (FDI)
Investment made by a business in productive activities in another country, usually by establishing or acquiring business operations there.
Globalization
The increasing integration and interdependence of economies, markets and businesses around the world.
Transfer pricing
The practice of setting prices for goods, services or intellectual property transferred between parts of the same multinational company.