Single Answer MCQ
Q-00045525

What role do MNCs play in the process of globalisation?

1

They limit international trade

2

They facilitate the exchange of technology and capital

3

They promote local businesses only

4

They reduce foreign investments

Answer and Solution

Answer

B. They facilitate the exchange of technology and capital

Solution:

Multinational corporations (MNCs) facilitate globalisation by promoting the exchange of technology, goods, capital, and services across borders. The other options are incorrect as they misrepresent MNCs' impact.

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