
A corporation that is registered in more than one country is called MNC.

Important Questions on Understanding the Indian Economy

Which of the following statements are correct?
Statement I: Integration of market in different countries is known as foreign trade.
Statement II: Investment made by MNCs is called foreign investment.
Statement III: Rapid improvement information and communication technology has been one of the major factor that has stimulated globalization process.
Statement IV: All above statements are correct.








Name product each produced by the MNC’s in India as shown in the figure.





This global trade organisation was set up in to administer multilateral trade agreements through the provision of equal opportunities to all countries participating in international trade.


What type of company Ford Motors will be if its production is spreaded over countries of the world?



