arrange the following in the correct sequence 1) a mnc is a company that owns or contrals production is more than one nation 2) trade was the main channel connecting distant countries 3) This is done so that the cost of production is low and the mncs can earn greater profits 4) mncs setup office factories for production in regions where they can get cheap labour and other resources
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- trade was the main channel connecting distant countries.
- A MNC is a company that owns or controls production in more than one nation.
- MNCs set up offices and factories for production in regions where they can get cheap laboue and other resources.
- This is done so as the cost of production is low and the MNC can earn greater profits.
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