economicsWhat is the role of MNCs in promoting the globalisation process?

What is the role of MNCs in promoting the globalisation process?


  1. A
    Providing access to advanced technology
  2. B
    Providing large scale employment
  3. C
    Producing better quality products at low prices
  4. D
    All of the above 

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    Solution:

    MNCs drive the process of globalisation as they provide access to the latest technology in other countries, provide large-scale employment, and produce better quality products at low prices.
    They help in the transfer of capital from countries where it is abundant to where it is scarce. They help build up a knowledge base and develop human resources. MNCs can invest and finance the additional requirements for the efficient production of goods and services. They provide additional investments, such as new machinery for faster production.
     
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