What do you mean by FOREIGN EXCHANGE....How multi national corporations help in development of economy of a country...
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Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around the clock. ... The term foreign exchange is usually abbreviated as "forex" and occasionally as "FX."
The word "Multinational" is a combined word of "Multi" and "National", which when combined refers to numerous countries. A Multinational Corporation is a corporation that has its facilities and other valuable assets in at least one country, which is other than its parent country. It is a organization or company that both produces and sells services and goods in a multitude of countries. Some MNCs have a budget which is greater than some small sized countries GDP's.
Some of the major examples of MNCs today are Nokia, McDonalds, Microsoft, Exon Mobile
The word "Multinational" is a combined word of "Multi" and "National", which when combined refers to numerous countries. A Multinational Corporation is a corporation that has its facilities and other valuable assets in at least one country, which is other than its parent country. It is a organization or company that both produces and sells services and goods in a multitude of countries. Some MNCs have a budget which is greater than some small sized countries GDP's.
Some of the major examples of MNCs today are Nokia, McDonalds, Microsoft, Exon Mobile
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