Question

Write advantage and disadvantage of MNCs.​

Answer 1

Advantages of MNCs:-

1. Pay taxes to increase revenue for the host government.

2. Create employment to the local people.

3. Brings the latest technology.

4. Brings foreign currency to the host country.

5. Bring skill and machinery to the host country.

Disadvantages of MNCs:-

1. Exploitation of labour.

2. Social cost and environmental degradation.

3. Standard of living.

4. Political interference in some country.

5. Brings in unfair competition onto local infant industries.

Answer 2

Advantages of MNCs:-

1. Pay taxes to increase revenue for the host government.

2. Create employment to the local people.

3. Brings the latest technology.

4. Brings foreign currency to the host country.

5. Bring skill and machinery to the host country.

Disadvantages of MNCs:-

1. Exploitation of labour.

2. Social cost and environmental degradation.

3. Standard of living.

4. Political interference in some country.

5. Brings in unfair competition onto local infant industries.