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The Role of Multinationals in the Global Economy
The amount of time that it takes to shift from using one good to another varies tremendously therefore on the good. Multinationals are responsible for 32% of global value at flows, 64% of exports. And then when it comes to knowledge-intensive goods and electronics, pharmaceuticals or auto would be example of these,. 82%. So you have multinationals playing a real extraordinarily important role.