Social Sciences, asked by queen71869651, 2 months ago

can anyone help me out with this ♥♥♥ plz...

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Answered by Anonymous
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❥︎Aɴsᴡᴇʀ :-

 \sf \red{1. what \:  are  \: the \:  functions \:  of  \: MNC}

  • companies maintain production and marketing operations in different countries. In each country, the business may oversee multiple offices that function through several branches and subsidiaries.

 \sf \red{2. define  \: Globalisation}

  • Globalization means the speedup of
  • movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and
  • increases interactions between different regions and populations around the globe.

 \sf \red{3.Write \:  the  \: full \:  form  \: of  \: MNC}

  • multinational corporation (MNC)

 \sf \red{4. multinational \:  corporation  \: (MNC)}

  • . A multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or sells goods or services in various countries. Two common characteristics shared by MNCs are their large size and the fact that their worldwide activities are centrally controlled by the parent companies.

 \sf \red{5. Indian \:  trade \:  routes \:  are  \: properly \:  known  \: as.}

  • Spice Routes, also known as Maritime Silk Roads, is the name given to the network of sea routes that link the East with the West. They stretch from the west coast of Japan, through the islands of Indonesia, around India to the lands of the Middle East - and from there, across the Mediterranean to Europe.

 \sf \red{6. What  \: is  \: foreign \:  Trade}

  • International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product.

 \sf \red{7. what \:  are \:  the \:  advantage \:  of \:  Foreign  \: trade}

  • (i) With the opening of trade, goods travel from one market to another.
  • (ii) Choice of goods in markets rises.
  • (iii) Prices of similar goods in two markets tend to become equal.
  • (iv) Producers in the two countries now closely compete against each other even though they are separated by thousands of miles.

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