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Question
Write short note on Multinational corporation.
Solution
Multinational corporation is a corporate organization that owns or controls the production of. goods or services in at least one country other than its home country. MNCs are also called Transnational corporations (TNG) or Multinational Enterprise (MNE). Most of the MNCs at present belong to the lour major exporting countries – USA. UK. France and Germany.
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| 1. | Multination corporation in India | 1947 |
| 2. | MNC | enforce international trade |
| 3. | GATT | Minimize cost of production |
| 4. | 8th Uruguay Round | Infosis |
| 5. | WTO | 1986 |
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