Question

Evaluate the role of mncs in the economic development of the country

Answer 1

Explanation:

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

Answer 2

Answer -

____________________________________

• MNCs help a developing host country by increasing investment, income and employment in its economy. MNCs by producing certain required goods in the host country help in reducing its dependence on imports. 6. MNCs due to their wide network of productive activity equalise the cost of production in the global market.

___________________________________

→ Hope it will help you ❣️❣️