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Question

MNCs have great impact on the development process of the Underdeveloped countries.

A
False
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B
True
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C
Partly false
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D
None of above
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Solution

The correct option is B True

Advantages of Multinational Corporations in Under developing countries-
Multinationals provide an inflow of capital into the developing country. E.g. the investment to build the factory is counted as a capital flow on the financial account of the balance of payments. This capital investment helps the economy develop and increase it's productive The inflows of capital help to finance a current account deficit. Multinational corporations provide employment.


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