?MNCs are playing a major role in the globalisation process.? |
Which of the following arguments best justifies the statement given above? |
(I) Due to MNCs, more and more goods and services, investments and technology are moving between countries. |
(II) Foreign trade results in connecting the markets or integration of markets in different countries and a large part of the foreign trade is controlled by MNCs. |
(III) MNCs are exerting a strong influence on production which is dispersed in various locations and are interlinked. |
(IV) The MNCs are spreading their production and interacting with local producers in various countries across the globe. |
A) I and II
B) I, III and IV
C) I, III and IV
D) All of these
E) None of these
Correct Answer: A
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