Blog Assignment 4: What is the relation between economy and globalization? ---CHENG SHIYI
Summary The critical role of multinational corporations in the global economy and the ways in which they expand internationally through various investment models. Early international economic development saw the rise of chartered trading companies, such as the East India Company and the Hudson's Bay Company, which had a key impact on the global economic landscape. However, the rapid growth of modern multinational corporations has made them major shapers of the global economy. The motivations of enterprises to participate in transnational activities are mainly divided into market-oriented and asset-oriented. Market-oriented investment drives companies to find new markets, especially when domestic markets are saturated. Asset-oriented investment focuses on unevenly distributed production assets, forcing companies to make international strategic investments to improve efficiency. In terms of expansion methods, companies have chosen a variety of investment models, among which ...