Question

Evaluate the role of MNCs in the economic development of a country

Answer 1

this is the required answer i hope

Answer 2

Answer:

Multinational companies play a vital role in the economy of a country in modern world since many years.

These companies promote the growth of trade due to the bulk investment of foreign capital in a country.

The foreign direct investment in the industrial sector reduces the amount of commercial Debt of a country.

The role of MNCs in the economic development can be summarised as:

1. MNCs place order for production with small producers.

2. MNCs of setting up partnership with local companies.

3. They are interlinking the markets all over the world.

Explanation: