Question

Collaboration with MNCs also lead to growth of monopolies.

• A. True
• B. False

Answer 1

The correct option is A True

MNCs also lead to the growth of monopolies. A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. Very large multinationals have budgets that exceed those of many small countries.

Multinational corporations are sometimes referred to as transnational, international or stateless corporations.