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Question

Companies that are registered in one country but operate in another help in the transfer of new innovations and technologies to the country that they enter.

What are such companies known as?

A
Technology companies
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B
Innovative companies
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C
Transnational companies
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D
Multinational companies
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Solution

The correct option is D Multinational companies
When multinational companies or MNCs go to different countries, they carry their technologies and innovations with them. The new innovations are protected by the intellectual property rights or IPR, which prevents others from copying their innovations and technologies.

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