Back to Topic 1.6 — Multinational companies (MNCs)
1.6.2BM SL40 flashcards

Impact of MNCs on host countries

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Card 1 of 401.6.2
Question

State one benefit of an MNC to a host country.

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All 40 Flashcards — Impact of MNCs on host countries

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Card 1example

Question

State one benefit of an MNC to a host country.

Answer

Job creation (direct jobs in the MNC and indirect jobs through suppliers and services).

💡 Hint

Think: employment.

Card 2example

Question

How can MNC investment affect local suppliers in a host country?

Answer

Local suppliers may get more orders and learn higher standards, boosting local business growth.

💡 Hint

Linkages to suppliers.

Card 3example

Question

What is “profit repatriation” and why is it a drawback for a host country?

Answer

Profits are sent back to the home country instead of being reinvested locally, limiting local economic benefit.

💡 Hint

Money leaves the host economy.

Card 4example

Question

How can an MNC exploit workers in a host country?

Answer

By paying low wages or offering poor conditions compared to home-country standards, especially where regulation is weak.

💡 Hint

Labour standards gap.

Card 5example

Question

Give one positive impact of an MNC on its home country.

Answer

Profits can flow back, boosting shareholder returns and the home economy.

💡 Hint

Profit inflow.

Card 6example

Question

Why might an MNC increase national prestige for the home country?

Answer

Global success can strengthen the country’s brand image and reputation for innovation or quality.

💡 Hint

“National champion” effect.

Card 7example

Question

Host-country benefit: MNCs can create ______.

Answer

Jobs.

💡 Hint

Employment is a key benefit.

Card 8example

Question

State one host-country positive impact of MNCs.

Answer

Investment and technology transfer can raise productivity and wages over time.

💡 Hint

Investment spillovers.

Card 9example

Question

How can MNCs damage local businesses in a host country?

Answer

They may outcompete smaller local firms using lower prices, stronger branding and bigger budgets, forcing closures.

💡 Hint

Unequal competition.

Card 10example

Question

Give one “trade-off” example of home-country impact from offshoring.

Answer

Home country may lose jobs (negative) while shareholders gain higher profits from lower costs (positive).

💡 Hint

Winners and losers again.

Card 11example

Question

How can an MNC improve productivity in a host country?

Answer

By bringing investment, modern equipment and technology that local firms may not have.

💡 Hint

Capital + tech transfer.

Card 12example

Question

Why can MNCs have political influence in host countries?

Answer

They may lobby for favourable laws or tax breaks due to their investment and job creation power.

💡 Hint

Economic power = influence.

Card 13example

Question

Why can MNCs increase competition in host countries?

Answer

They raise competitive pressure, pushing local firms to improve efficiency, quality and innovation.

💡 Hint

Competition effect.

Card 14example

Question

State one host-country negative impact of MNCs.

Answer

Local firms may be driven out by stronger competition from the MNC.

💡 Hint

Local business pressure.

Card 15example

Question

Give one negative impact of offshoring on the home country.

Answer

Jobs may move overseas, increasing unemployment and reducing local incomes.

💡 Hint

Jobs shift abroad.

Card 16example

Question

Host-country drawback: Profits sent back to the home country is called ______.

Answer

Profit repatriation.

💡 Hint

Profit leaves host.

Card 17example

Question

Home-country drawback: Moving production abroad is known as ______.

Answer

Offshoring.

💡 Hint

Jobs can move.

Card 18example

Question

State one home-country positive impact of MNCs.

Answer

Profits and dividends returning to shareholders can increase national income.

💡 Hint

Profit inflow.

Card 19example

Question

How can MNCs contribute to “cultural erosion” in a host country?

Answer

Local traditions and businesses may be replaced by global brands and standardised products.

💡 Hint

Global brand dominance.

Card 20example

Question

How can multinational profits support the home economy?

Answer

They can increase dividend income, investment, and spending within the home country.

💡 Hint

Profits recycle back.

Card 21example

Question

Why is weak regulation a risk with MNCs in host countries?

Answer

It can allow poor labour conditions or environmental harm because enforcement is limited.

💡 Hint

Weak rules = higher harm risk.

Card 22example

Question

How can MNCs improve a host country’s balance of payments?

Answer

Producing for export earns foreign currency and can increase export revenues.

💡 Hint

Exports bring FX.

Card 23example

Question

How do MNCs increase host-country government revenue?

Answer

Through corporation tax and employee income taxes that fund public services.

💡 Hint

Tax base expands.

Card 24example

Question

How might consumers in the home country benefit from multinational operations?

Answer

They may get cheaper goods if production costs fall and prices drop (or more choice).

💡 Hint

Cost savings can pass through.

Card 25example

Question

Why might host-country workers benefit beyond wages?

Answer

They may gain training, career development and transferable skills that increase future earnings.

💡 Hint

Human capital gains.

Card 26example

Question

Give one environmental drawback of MNC activity in a host country.

Answer

Pollution, resource depletion or deforestation from production, especially if standards are low.

💡 Hint

Environment can be externalised.

Card 27example

Question

Why is “profit repatriation” a common exam point for host-country drawbacks?

Answer

It explains why GDP/jobs can rise but long-term local wealth creation may be limited if profits leave the country.

💡 Hint

Benefits can leak out.

Card 28example

Question

Why might the home country lose tax revenue from MNC activity?

Answer

Profits may be booked in low-tax countries rather than taxed fully at home.

💡 Hint

Tax base can shift.

Card 29example

Question

Why is “tax revenue loss” a common evaluation point for home-country impacts?

Answer

Even if the firm is “from” the home country, profits may be taxed elsewhere, reducing public revenue.

💡 Hint

Where profits are taxed matters.

Card 30example

Question

State one home-country negative impact of MNCs.

Answer

Domestic jobs may be lost if production is offshored to lower-cost countries.

💡 Hint

Offshoring risk.

Card 31example

Question

Give one infrastructure benefit an MNC may create in a host country.

Answer

Improved roads, power, communications, or logistics networks linked to the investment.

💡 Hint

Spillover benefits.

Card 32example

Question

Why is MNC impact not always positive?

Answer

Because the impact depends on regulation and how responsibly the MNC behaves (benefits vs exploitation).

💡 Hint

Context + behaviour.

Card 33example

Question

Exam skill: How do you write a strong “host-country drawbacks” point?

Answer

State the drawback, explain the mechanism, then show a consequence for a stakeholder (workers, local firms, government).

💡 Hint

Drawback + mechanism + consequence.

Card 34example

Question

One sentence evaluation: What determines whether MNC impact is “good”?

Answer

The balance depends on regulation, stakeholder outcomes, and how the MNC manages ethics and reinvestment.

💡 Hint

Regulation + behaviour + stakeholders.

Card 35example

Question

What is “dependency” as a drawback of hosting an MNC?

Answer

If the MNC leaves, the local economy can suffer sharply due to job losses and reduced demand for suppliers.

💡 Hint

Too reliant on one investor.

Card 36example

Question

Exam rule: What makes a top answer on MNC impact?

Answer

It balances positives and negatives for host and home countries and applies to the case context.

💡 Hint

Balance + application.

Card 37example

Question

How can MNCs support skills transfer in a host country?

Answer

By training local workers and managers, raising human capital and employability.

💡 Hint

Training = skills.

Card 38example

Question

Exam skill: In “impact on home country” answers, what must you do?

Answer

Balance positives and negatives and link them to specific stakeholders (workers, consumers, government, shareholders).

💡 Hint

Balance + stakeholders.

Card 39example

Question

Exam skill: How do you score well on “benefits to host country” questions?

Answer

Name a benefit and explain the mechanism (HOW it helps), then apply to the specific country and industry.

💡 Hint

Benefit + mechanism + application.

Card 40example

Question

How can MNC offshoring affect domestic suppliers in the home country?

Answer

Domestic suppliers may lose contracts when production moves abroad, reducing local business activity.

💡 Hint

Supplier demand falls.

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