Sample questions 1. Examine the article below about a multinational company moving the location of one of its factories and answer each of the following questions.
Irish factory to be closed
US-based head office
New factory in Vietnam
A multinational company, whose head office is in the US, has decided to relocate one of its factories from Ireland to Vietnam in Asia. This will result in the loss of 400 jobs in the large Irish town where the factory is currently located.
Exam hint!
(i) Name one impact of the relocation mentioned in the article above.
(ii) State one reason why a multinational company would decide to move a factory from a developed country, like Ireland, to a developing country, like Vietnam.
(iii) How does this decision by the multinational company to move one of its factories to another country show that we live in a globalised and interconnected world? (2022 SEC exam paper, Q2 (c) (i)–(iii))
To answer part (ii), you should consider the financial costs and savings that the company may benefit from.