explain the term multinational corporation and how globalisation has made the world's one big market what are the advantage of globalisation
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Answer:Globalization has brought about increased inflow of foreign capital, it has widened the choice of consumers, MNCs provide employment opportunities to the masses and local companies supplying raw material to these industries have also prospered.
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MNC is a company that owns or controls production in more than one nation. b. They produce and sell globally , they operate in more than one country and has brought about integration of World economies. c. MNC's also collaborate with local companies enlarging the area of functioning
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