Describe the role of multinational companies in promoting globalisation process
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There is great role of multinational companies in promoting globalisation process:
a)MNCs help in the integration or interconnection of markets thus helping in globalisation.
b)It collaborates with the smaller industries helping them to be more profitable.
c)Local markets are able to compete apart from domestic markets but to the international markets also.
d)MNCs open there branches in various parts of the world allowing intrconnection between the countries and trade globally.
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