Q15 TechNua, an American software company, is planning to open its European headquarters in Limerick, creating 400 jobs.
(i) Explain the term multinational company (MNC).
(ii) Outline two reasons why companies like TechNua find Ireland an attractive location to set up a business.
1.
2.
(iii) Outline one benefit and one challenge for Limerick of TechNua locating there. Benefit
Challenge
(iv) Solvex, an MNC operating in Ireland, has announced it is moving 600 jobs from Ireland to another country. Outline one reason why an MNC might decide to leave Ireland.
375
STRAND 3 CHAPTER 33: Globalisation and international trade