17 wala batao....please
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Multinational corporations (MNCs) are known to largely drive the process of economic globalization. This paper, therefore, seeks to examine the principal role played by MNCs in expanding the various networks of economic globalization. The paper restricts itself to the three main ways by which the MNCs fuel the process of globalization. These are: International transfer of knowledge and technology, foreign direct investment (FDI) and production abroad, as well as foreign trade. The paper argues that MNCs mainly drive economic globalization, which might then result in the expansion of other forms of globalization, such as socio-cultural and political globalization.
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