alleryMultinational Corporations (MNCs) are companies that
Aoperate only in their home country
Bown or control production in more than one country
Cproduce only for export
Dtrade only in agricultural goods
Answer & Solution
Correct answer: B. own or control production in more than one country
1. MNCs own or control production facilities in more than one country.
2. They invest where land, labour and other resources are cheaper.
3. Examples: Toyota, Cargill, Coca-Cola, Samsung.
_Source: syllabus Understanding Economic Development, Ch 4 "Globalisation and the Indian Economy"_
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