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A MULTINATIONAL CORPORATION (MNC) is best defined as a company that:
ASells goods in two or more states of one country
BOwns or controls production in more than one country
CExports goods to many countries but produces in one
DHas at least 1,000 employees in any one country
Answer & Solution
Correct answer: B. Owns or controls production in more than one country
An MNC owns or controls production in more than one country. Examples: Coca-Cola, Apple, Samsung, Suzuki, Ford. MNCs choose locations for cheap labour, raw materials, favourable policies, and skilled workers.
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