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Multinational Corporations

These compani...

Question

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

What type of companies does the statement refer to?

A

Domestic companies

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B

Foreign companies

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C

Multinational corporations

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D

Private companies

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Solution

The correct option is C Multinational corporations
Multinational corporations, famously known as MNCs, are companies that own or control the production in more than one nation. They also sell their products in various countries.

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