Economics · Globalisation and MNCs
Which of the following statements is/are correct about Multinational Corporations (MNCs)? Statements: (1) An MNC is a company that owns or controls production in more than one nation. (2) They lead to the creation of a monopoly in their home country. (3) They are also called stateless organisations.
- 1Only statement 1✓
- 2Only statement 2
- 3Only statements 1 and 3
- 4Only statements 1 and 2
Correct answer
Only statement 1
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