Balance of Payments, Aid & Foreign Investment Mcqs


Q.  Some economists and third-world policy makers criticize MNCs arguing that they have a negative effect on the developing country because they ?
I- increasing the LDC’s technological dependence on foreign sources resulting in less technological innovation by local workers
II- Hamper local entrepreneurship and investment in infant industries
III- increase unemployment rates from unsuitable technology
IV- Restrict subsidiary exports when they undercut the market of the parent company


a. I and II only
b. III and IV only
c. I, II and III only
d. I, II, III and IV


ANSWER: See Answer
 
No explanation is available for this question!
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