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Leaving Cert Economics: Globalisation, MNCs & FDI

How often Globalisation, MNCs & FDI comes up on the Economics papers, every year it was asked, and questions to try.

HL Asked on 4 of the last 5 Higher Level papers, most recently in 2025. most years

OL Asked on 3 of the last 5 Ordinary Level papers, most recently in 2025. most years

Globalisation, MNCs & FDI, Higher Level(6 marks)

Quick ones on Globalisation, MNCs & FDI.

(a)Foreign direct investment (FDI) is…
  1. A foreign tourist spending money on holiday here
  2. A foreign firm setting up or buying a business here
  3. Irish savers buying a few shares in a foreign company
(b)Which Irish state agency attracts foreign direct investment?
  1. Bord Bia
  2. Enterprise Ireland
  3. IDA Ireland
(c)Which is a benefit of multinational companies (MNCs) to Ireland?
  1. Jobs and corporation tax revenue
  2. A higher net factor income from abroad
  3. Less dependence on foreign firms
Show the answers

(a) A foreign firm setting up or buying a business here

(b) IDA Ireland

(c) Jobs and corporation tax revenue

Your turn: Higher Level questions on Globalisation, MNCs & FDI.

Higher Level

Asked on 4 of the last 5 Higher Level papers, most recently in 2025. most years

Every paper, year by year

YearWhere it came up
2025Q13
2024Q13
2023Not asked
2022Q4, Q8
2021Q12

Links open the State Examinations Commission’s paper for that year.

More Globalisation, MNCs & FDI questions

Globalisation, MNCs & FDI, 3 marks

Irish firms that supply parts and services to MNCs benefit mainly through…

  1. Higher tariffs on imports from other countries
  2. Lower demand for the products they make
  3. Linkages that bring sales, skills and know-how
Show the answer

Linkages that bring sales, skills and know-how

Backward linkages spread MNC spending into the local economy, creating indirect jobs and helping Irish SMEs learn new methods and standards.

Globalisation, MNCs & FDI, 2 marks

Which is a reason MNCs invest outside their home country?

  1. To avoid hiring skilled workers
  2. To get closer to large markets and cut costs
  3. To pay higher taxes than in their home country
Show the answer

To get closer to large markets and cut costs

MNCs invest abroad to reach customers, cut transport and production costs, access skills and resources, and get inside trade blocs such as the EU.

Ordinary Level

Asked on 3 of the last 5 Ordinary Level papers, most recently in 2025. most years

Every paper, year by year

YearWhere it came up
2025Q13
2024Not asked
2023Not asked
2022Q15
2021Q11

Links open the State Examinations Commission’s paper for that year.

More Globalisation, MNCs & FDI questions

Globalisation, MNCs & FDI, 2 marks

A multinational company (MNC) is one that?

  1. Is owned by the state
  2. Sells only within one country
  3. Operates in more than one country
Show the answer

Operates in more than one country

MNCs have production or offices in several countries. Many have European bases in Ireland, drawn by skilled workers, access to the EU, the English language and the tax regime.

Globalisation, MNCs & FDI, 2 marks

Foreign direct investment (FDI) is?

  1. Irish aid given to poorer countries overseas
  2. A foreign firm setting up or buying a business here
  3. Tourists from abroad spending money in Ireland
Show the answer

A foreign firm setting up or buying a business here

FDI is long-term investment by a firm from one country in another, such as building a factory. IDA Ireland works to attract FDI to Ireland.

Globalisation, MNCs & FDI, 2 marks

Which is a benefit of FDI for Ireland?

  1. More jobs and tax revenue
  2. Lower wages for all workers
  3. A smaller export sector
Show the answer

More jobs and tax revenue

Multinationals employ many people directly, buy from Irish suppliers and pay corporation tax. They also bring new skills and technology.

Other Economics topics

All of Leaving Cert Economics