Forums Homework Help Why are MNCs important to world economies?

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  • #8523
    Anonymous
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    Why are MNCs important to world economies?

    #15567
    ankita
    Member

    MNCs refer to multinational corporation, that plays a great role in establishment of world economy. Multinational companies creates multiple links with companies in developed nation, uses their fund to manufacture good in their own country at cheaper rate. When the material are prepared as per the demand of the companies, good are exported. This develops a strong consumer market thus increasing the world economy.

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