Question on foreign multinationals operating in Ireland
In 2019 Irish GDP was €350bn but GNI* was just over €200bn. Examine what evidence there is for the contribution foreign multinational companies to the growth of the Irish economy.
In answering this question, the writer should be able to show evidence of the recent rise Irish exports. The answer should examine the contribution or foreign MNCs to the Irish balance of trade surplus and balance of payments and further discuss Irish economy expenditures and BERD
To deepen this analysis the writer should show how the most important sectors in merchandise trade (chem and med pharma) and services (computer services) have grown either exports or employment
Finally, the writer may cover other areas such as, contribution to tax revenues, competitiveness, effect on the labour market or infrastructure or other aspects of explanation not covered in the above.[unique_solution]
Question on foreign multinationals operating in Ireland
In 2019 Irish GDP was €350bn but GNI* was just over €200bn. Examine what evidence there is for the contribution foreign multinational companies to the growth of the Irish economy.
In answering this question, the writer should be able to show evidence of the recent rise Irish exports. The answer should examine the contribution or foreign MNCs to the Irish balance of trade surplus and balance of payments and further discuss Irish economy expenditures and BERD
To deepen this analysis the writer should show how the most important sectors in merchandise trade (chem and med pharma) and services (computer services) have grown either exports or employment
Finally, the writer may cover other areas such as, contribution to tax revenues, competitiveness, effect on the labour market or infrastructure or other aspects of explanation not covered in the above.