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Most nations are less developed countries (LDCs). Supporters of multinational corporations (MNCs) might argue all of the following except that .?

Supporters of multinational corporations (MNCs) might argue that MNCs exploit LDCs by taking advantage of cheap labor and lax regulations, as this is a common criticism of their operations. However, they typically argue that MNCs bring economic growth, job creation, and access to technology and markets, contributing positively to the development of LDCs. Therefore, they would not argue that MNCs do not contribute to local economies in any way, as that contradicts their primary defense of MNC activities.


How do restrictions on repatriation of profits affect MNCs?

Restrictions on repatriation of profits can significantly impact multinational corporations (MNCs) by limiting their ability to transfer earnings back to their home country. This can hinder cash flow management and reduce the funds available for reinvestment, dividends, or debt repayment. MNCs may seek to mitigate these restrictions by adjusting their investment strategies, such as reinvesting profits locally or utilizing financial instruments to optimize tax implications. Ultimately, such restrictions can influence MNCs' overall operational efficiency and strategic planning.


What is the role of MNCs in the process of globalisation?

a fierce competitor in the global business environment.


Characterstics of entrepreneur?

Successful entrepreneurs are usually confident, type-A personality individuals.


History of Multinational Companies?

Multinational Companies(MNCs) are large companies that operate in several countries at the same time. The first MNCs were established in the 1920s. Many more came up in the 1950s and 1960s as US businesses expanded world wide and Western Europe and Japan also recovered to become powerful industrial economies. The worldwide spread of MNCs was a notable feature of 1950s and 1960s. This was partly because high import tariffs imposed by different governments forced MNCs to locate their manufacturing operations and become 'domestic producers' in as many countries as possible.