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A multinational firm, also known as a transnational corporation or a global enterprise, is a company that operates in multiple countries around the world. These companies typically have subsidiaries, branches, or partners in different countries, and they engage in cross-border production, distribution, and marketing activities. Some of the key features of a multinational firm include:

  • Large size, often with significant financial resources
  • Operations in multiple countries
  • Ability to shift production and investment across borders
  • Ability to transfer technology and knowledge across borders
  • Ability to influence national and international policy
  • Political and economic influence on host countries

Multinational firms play a significant role in the global economy, and they often wield significant economic and political power.

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