Question

------------- has been a major force in the globalisation process connecting
distant regions of the world.
(a) Traders
(b) International companies
(c) Multinational corporations
(d) Businesses houses​

Answer 1

Answer:

c) Mutinational companyies

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Answer 2

Answer: (C) Multinational corporations

Explanation:

• Globalisation refers to the interconnectedness of the globe due to the flow of labour, capital, goods and services across different parts of the world.
• Multinational corporations are organisations that operate in two or more countries. Through their establishment, the regional economies, cultures and societies become integrated through a global network of communication and trade.
• MNCs outsource the intangible factors of production such as human capital, and financial capital from different parts of the world contributing to cultural assimilation.
• MNCs produce and as well as sell in different countries, thus integrating different economies.
• The flow of raw materials, energy, food and other consumer goods facilitates between MNCs allowing the countries from different parts of the world to integrate well.

       

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