Which of the following statements are true about MNCs?

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Economics : Globalisation and the Indian Economy

Which of the following statements are true about MNCs?

A. A MNC is a company that owns or controls production in more than one nation.

B. MNCs set up offices and factories for production in regions where they can get cheap labour and other resources.

C. This is done so that the cost of production is low and the MNCs can earn greater profits.

D. All of the above.

Solution

D. All of the above.