Foreign trade became the main channel connecting countries because of the

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

Expansion of the local market

Role of MNCs

Both (1) and (2)

All of the above

answer is C.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Foreign trade became the main channel to connect countries because it led to the expansion of the market and the roles that MNCs played.
The market expansion created the opportunity for the producers to sell their products beyond the domestic markets. Thus, producers were able to compete with world products. Producers can also produce products in any country from anywhere in the world. The MNCs followed this. They spread their production across the countries, thus bringing the countries closer together. It was beneficial to both the MNCs as well as the developing countries.

Watch 3-min video & get full concept clarity