'These are companies that own or control production in more than one nation.'

What kind of companies does the statement refer to?

Domestic companies

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Multinational companies

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Private companies

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Foreign companies

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Solution

The correct option is B Multinational companies
A multinational corporation or an MNC is a company that owns or controls production in more than one nation. It is not just about selling the products in another country but also producing and having business operations in different countries.

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