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One of the companies that symbolizes the dominance of US. corporations across the world is McDonald’s. McDonald’s is the second largest fast food chain in the world, according to a Nasdaq report for 2011, with more than 33,510 restaurants in 119 countries spread across all five continents.
The U.S. has the largest number of McDonald’s restaurants (13,381), followed by Japan (3,598), Canada (1,400), Germany (1,276), UK (1,250), and China (660).
The price of a McDonald’s burger is different in each country. According to the graph above, the most expensive ones can be found in Norway ($7.18), Denmark ($5.93), Iceland ($5.21), and in the Eurozone ($4.96). By comparison, the price of a McDonald’s burger in the U.S. is $3.57. These prices have been calculated using the Big Mac index published by The Economist, in order to measure the Purchasing Price Parity (PPP) between two currencies.
Resources:
- American Icons Temple: A Market-Dominant Minority that is McDonald’s
- Nasdaq: Subway tops McDonald’s for number of stores in world
- United States Securities and Exchange Commission – Form 10-K: McDonald’s Corporation
- The Economist: Big Mac Index