Investment made by MNCs is called:
APublic spending
BPrivate lending
CForeign investment
DDomestic saving
Answer & Solution
Correct answer: C. Foreign investment
1. It buys land, buildings and machines abroad.
2. MNC investment is foreign investment.
3. It may be joint with local companies.
_Source: syllabus Understanding Economic Development, Chapter 4, Globalisation and the Indian Economy._
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