Many Large US Firms Sell, Hire and Invest More Overseas Than in Us and They Have to Think Globally, Not Domestically, to Survive

Last year, Intel generated $4 in foreign sales for every dollar in domestic sales, and Mondelez, Apple, Exxon, and Coca-Cola generated close to $2 or more in foreign sales for every dollar of sales in the US. It, therefore, makes perfect economic sense for those US-based multi-national corporations to source, manufacture, and assemble a large share of their production overseas since such a large majority of their sales take place in foreign markets and not the US market.

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