Multinational Corporations are large-sized corporations that set up :

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Production houses

Offices in different countries across the globe

Both 1 and 2

None of these

answer is C.

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Detailed Solution

Multinational Corporations are large-sized corporations that set up production houses and offices in different countries across the globe. These big corporations produce their goods in those countries where labour and raw materials can be readily available at low prices. They spread out production across borders and sell to the international market. National companies sell to their domestic companies. The MNCs have foreign investment, whereas the national companies do not have it. The emergence of Multinational Corporations has interlinked production across different countries. In the new era, MNCs are present almost everywhere across the globe.

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