Economics · Multinational Corporations
Which of the following statements is fundamentally TRUE regarding Multinational Corporations (MNCs)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1MNCs source all of their required raw materials exclusively from their country of origin.
- 2MNCs must always set up production units in a joint venture format with local producers.
- 3MNCs are strictly legally barred from transferring modern technology to host countries.
- 4An MNC is a corporation that owns or controls production facilities in more than one nation.✓
Correct answer
An MNC is a corporation that owns or controls production facilities in more than one nation.
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