Edzy
Single Answer MCQ
Q-00045496

What do we call the financial resources that MNCs invest in setting up production units in other countries?

1

Local Investment

2

Foreign Investment

3

Joint Investment

4

Government Investment

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Foreign Investment

Solution:

MNCs invest in foreign countries to set up production units, which is termed 'Foreign Investment'. Local Investment would refer to money spent within the home country. Joint Investment is a collaborative effort, while Government Investment is made by the state.

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