What is meant by MNCs
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It means multinational corporations, it is a corporation which has facilities in other countries other than their home country.
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MNC stand for Multi National Company . These are the large international companies which have their factories in more than one countries . These companies establish their companies in the places where the production cost is less . This ensure that only less money is spent than earned . In many situations the net worth os MNCs are more than the government of the developing country in where their factories are placed . Imagine what could one do with that much money
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