Question

What is the role of mncs in globalization process?

Answer 1

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 in interconnection between diverse countries

Answer 2

Role of MNCs in the Globalization Process:

• The result of greater foreign investment and greater foreign trade has been the greater integration of production and markets across the country.

• There is a major role played by MNCs in the globalization process.

• More and more goods and services investments and technologies are moving between countries.

• Besides the movement of goods services and investment and technology there is one more way by which countries can be connected.

• This is through the movement of people through the countries.