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Q.

Choose the given statement is True/False


MNCs have expanded their production across the world with the help of privatisation.


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a

True

b

False  

answer is B.

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Detailed Solution

The given statement is not correct.
MNCs have expanded their activities through the globalisation and liberalisation of trade. Liberalisation has reduced the barriers to trade used by the domestic nations to protect their small manufacturers. At the same time, globalisation helped companies to set their production activities in different countries. Globalisation has led to the integration of markets and provided a broader scope for producers and consumers. MNCs have expanded their production across the world with the help of globalisation.
 
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