Question

Is the following statement is true or false?

Some MNC's, for instance Walmart have their economy as large as the economy of many developing countries.

• A. False
• B. True
• C. Not relevant
• D. None of the above

Answer 1

Answer: (B)

True

MNC refers to those organisations who have their headquarters in the home country and subsidiaries in two or more country. Some MNCs have their economy as large as the economy of many developing countries. Walmart made a total profit of 16 billion dollars and that is as large as economy of any developing country.