Multinational Corporations and Globalization of Industry

How are people and places affected by shifts in Industrial Location?

Multinational Corporations

Example: Potato Chips in China

Importance of Scale

Effects in Receiving Region

Effects in Regions left Behind

Assignment for Next Time

Read pp. 260-271 and come to class with a basic understanding of the following concepts: tertiary sector, service industries, service occupations, service functions, producer services, FIRE, intangible output, externalization, transaction costs.