Question

what is globalisation? explain the role of MNCs in the globalisation process ​

Answer 1

Answer:

MNC's play an important role in the globalisation process. They compete with the local producers directly even after being miles apart, thus integrating the markets. Their working leads to exchange of investments and products which leads ti interconnection between diverse countries.

Answer 2

Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.

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