Economics · Economy
Given below are two statements: Assertion (A): Foreign Direct Investment (FDI) can contribute significantly to technology transfer in host countries. Reason (R): Multinational corporations (MNCs) often bring proprietary knowledge, advanced technology, and managerial expertise to the host economy. Choose the correct option:
- 1A is false but R is true.
- 2A is true but R is false.
- 3Both A and R are true but R is not the correct explanation of A.
- 4Both A and R are true and R is the correct explanation of A.✓
Correct answer
Both A and R are true and R is the correct explanation of A.
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