Q12 of 37 Page 4

Write the names of any two industries where MNCs have increased their investment.

• Automobiles


• Telecommunication


• Fast food chains


Multi-National Corporations are large companies established in a particular country and has offices, markets and produces and sells its products in many countries. MNCs increase and decrease their investment based on the demand for their commodities in the global market. In recent times, the demand for automobiles (especially cars), communication devices like mobiles and fast food chains have the greatest demand thus encouraging firms to invest more in these sectors.


More from this chapter

All 37 →
10

Name any two modes of linking production across countries.

 11

Explain the role played by WTO in liberalising international trade.

 13

Explain any three methods of controlling production across countries by MNCs.

 14

‘International trade is the measure of any country’s economic wealth.’ Explain.