This document discusses the European Economic Community (EEC), its pros and cons, and the challenges faced by multinational corporations (MNCs) in internationalizing. It also explores the strategies for internationalization and provides an analysis of the domestic market. The document provides insights into the benefits and drawbacks of the EEC, as well as the reasons why MNCs choose to expand internationally. It also highlights the typical challenges faced by MNCs in the global market. Subject: Global Business, Course Code: N/A, Course Name: N/A, College/University: N/A