find the incorrect option .
a. expansion of MNCs - Tata, ranbaxy
b. liberalisation- MNCs free to import
c. 1991 policy- tightening of trade barriers
d. spreading out - design in india , production in china
Answers
Answer:
answer is c
Explanation:
in 1991 India removed the trade barriers instead of tightening them
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Answer:
The answer is (c), cause the new economic policy of 1991 removed the trade barriers instead of reducing them.
Building foreign exchange reserves, eliminating market constraints, and enhancing global trade in commodities, services, money, human resources, and technology are the main goals of India's new economic policy, which aims to promote economic expansion.
A multinational corporation (MNC) is a company that operates both in its home country and in other countries. It maintains a central office in a single country that oversees all of its other offices, including its manufacturing and administrative branches.
In the current era of globalisation, MNCs are crucial to the growth of the economy. Through foreign direct investment in India, MNCs contribute. GDP, GNP, foreign commerce, and foreign reserves are all directly impacted by FDI. A corporation can benefit greatly from being an MNC.
To know more about MNC, click on the link given below:
https://brainly.in/question/3108706
To know more about globalisation, click on the link given below:
https://brainly.in/question/2262739
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