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Q.

Choose whether the given statement is true or false.


Globalisation can be beneficial for all.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true.
Globalisation can be beneficial for all. The money that MNCs invest in developing countries for buying assets like buildings, land, and machines boosts the economy of a developing country. Also, MNCs solve the problem of shortage of foreign exchange. Developing countries often face this problem, and MNCs help them overcome it. MNCs promote small industries by placing orders with small domestic producers and selling their products.
 
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