1.

Make a note on the working of multinational companies.

Answer»

Multinational companies are those companies registered in the home country but operating in many countries. These companies with high technology and huge capital viewed neoliberalisation as an opportunity. Instead of producing goods in a country and exporting it to other countries, the multinational companies have invested their capital in developing countries so that raw materials, labour and market available there can be used in their favour.



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