The advantages of being a multinational corporation are expansion into new markets, access to cheaper labor, and the creation of a trade surplus.
Multinational corporations or MNCs are regarded as a company that has many subsidiary branches operating in various nations while their head office resides in their origin country only.
The MNCs get the benefits of specialization in their production activities and opportunities to enter new markets that would give them larger market shares. This makes the MNCs increase the exporting activities that help them to reap a higher trade surplus out of it.
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