1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Liberalisation and Its Benefits
Open in App
Solution Some of the advantages of Multinational companies (MNC’s) are 1) it will help in increasing the trade of the nation 2) It will help in improving the economy of a nation 3) It will increase employment opportunities for the people of a nation. Some of the disadvantages of the MNC’s are 1) It could pose a threat to small and local businesses. 2) Due to lack of stringent labor laws, the employees could be exploited. 3) There could be risk of conflicts between MNCs and the country it is operating in due to potential fragile political climate.
157
Join BYJU'S Learning Program
Related Videos
Question No. 2
ECONOMICS
Watch in App