MNCs are companies that own and control production in how many nations?

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Multiple

None of the above

answer is C.

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Detailed Solution

MNCs are corporations that own and control production in multiple nations. They identify the best opportunities present in a nation and invest in them to make a profit. An investment made by Multinational companies from foreign countries is termed a foreign investment. It is very beneficial for the MNC that is investing and the country it is investing in. The MNCs get cheaper labour, low production costs, better human resources, and high profits. The highest number of workers comes from the agricultural sector. The country receives additional funds, more job opportunities and an increase in industrialization. It helps move technology, investments and human resources between countries. It also promotes foreign trade.

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