Related InterviewSolutions

• Why do MNCs set up offices and factories in more than one nation ?A. The cost of production is high and the MNCs can earn profit.B. The cost of production is low and the MNCs undergoes a loss.C. The cost of production is low and the MNCS can earn greater profit.D. The MNCs want to make their presence felt globally.
• Which of the following is a ‘barrier’ on foreign trade?A. Tax on importB. Quality controlC. Sales taxD.  Tax on local trade
• Entry of MNCs in a domestic market may prove harmful forA. all large scale producersB. all domestic producersC. all substandard domestic producersD. all small-scale producers