Question

what are MNCs? explain it's advantages and disadvantages​

Answer 1

A multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or sells goods or services in various countries. The two main characteristics of MNCs are their large size and the fact that their worldwide activities are centrally controlled by the parent companies.

Answer 2

Answer:

One of the advantages of multinational corporations is the opportunity to operate in countries where labor is not as expensive. ... Multinationals can enjoy lower taxes in other countries for exports and imports, an advantage that owners of international corporations can take at any given day.