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Production Possibility Frontier

Name some MNC...

Question

Name some MNCs whose wealth exceeds the entire budgets of the developing country governments.

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Solution

Tata Consultancy Service (TCS),Computer Software, Microsoft: Computer Software US based are some of the MNC's whose wealth exceeds the entire budgets of the developing country governments.

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Q. Some MNCs have their economy as large as the economy of many developing countries. For instance, Wal-Mart.

Q. MNCs have helped and also harmed the developing countries.

Q. MNCs have penetrated to the developing and under-developed countries as a result of globalisation.

Q. Why do the governments of various countries offer incentives to MNCs? Choose the appropriate option.

Q. Which of the following statement is incorrect?

(1)

MNCs have less impact on the development process of the under developed countries.

(2)

Some MNCs may be 'footloose' i.e., to say - they might locate in a country to gain the tax or grant advantages but then move away when these run out.
Select the correct answer from the options given.

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