asked 92.1k views
3 votes
A number of large MNCs are so enormous that their sales are frequently larger than the entire economy of the countries in which they conduct business.

a. True
b. False

1 Answer

5 votes

Final answer:

True. Multinational corporations (MNCs) can have sales larger than the entire economy of the countries they do business in.

Step-by-step explanation:

True

Multinational corporations (MNCs) are large corporations that are headquartered in one country but conduct business in multiple countries. Some MNCs have sales that are larger than the entire economy of the countries in which they do business. This is possible because MNCs have significant assets and resources, allowing them to exert influence in the countries they operate in, sometimes even influencing the creation of favorable laws.

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User Iv
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