what is the role of MNCs in the globalisation process
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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 to interconnection between diverse countries.
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Explanation:
MNCs set-up production worldwide where cheap labour is available, where markets are near and where government policies look after their interests. Since the MNCs are producing as well as selling in many countries, they are interlinking the economies of these countries and thu speeding up globalisation.
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