Economics · Globalisation and MNCs
Consider the following statements regarding Multinational Corporations (MNCs): (a) Multinational Corporations primarily help in promoting imports rather than exports of the host country. (b) Multinational Corporations are regarded as agents of modernization and rapid economic growth. Which of the statement/s given above is/are correct?
- 1Both (a) and (b) are incorrect
- 2Both (a) and (b) are correct
- 3Only (b) is correct✓
- 4Only (a) is correct
Correct answer
Only (b) is correct
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