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Question

The presence of multinational corporations and the rise of globalisation is said to have increased inequality in developing countries.

A

True

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B

False

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Solution

The correct option is A True

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Q. Statement 1: Many developing countries are shifting towards globalisation. This involves increasing integration of economies in terms of goods and services, ideas, information, and technology.

Statement 2: The presence of multinational corporations is said to have widened the gap between the rich and the poor in developing nations.

Read the statements carefully and choose the correct option below.

Q. Statement I: Developing and backward countries are shifting towards open markets and globalisation.

Statement II: The presence of multinational corporations has widened the gap between the rich and the poor in developing countries.

Identify each of the above statements as true or false and mark the appropriate option given below.

Q. Multinational corporations or MNCs are one of the major driving forces behind globalisation.

Q. Multinational corporations shifted to Asian countries due to the availability of cheap labour in such countries.

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

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