Multinational companies (MNC) engaging in technological transfer may lead to gains elsewhere in the economy as (i) workers trained by the MNC move to other parts of the economy. (ii) the MNC takes market share from inefficient local companies. (iii) other companies in the host county may be encouraged to use their methods. Which are of the above statements is/are correct? Only (i) is correct Only (ii) is correct Both (i) and (iii) are correct Both (i) and (ii) are correct Only (iii) is correct
Multinational companies (MNC) engaging in technological transfer may lead to gains elsewhere in the economy as (i) workers trained by the MNC move to other parts of the economy. (ii) the MNC takes market share from inefficient local companies. (iii) other companies in the host county may be encouraged to use their methods. Which are of the above statements is/are correct? Only (i) is correct Only (ii) is correct Both (i) and (iii) are correct Both (i) and (ii) are correct Only (iii) is correct
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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2. Multinational companies (MNC) engaging in technological transfer may lead to gains elsewhere in the economy as
(i) workers trained by the MNC move to other parts of the economy.
(ii) the MNC takes market share from inefficient local companies.
(iii) other companies in the host county may be encouraged to use their methods.
Which are of the above statements is/are correct?
Only (i) is correct
Only (ii) is correct
Both (i) and (iii) are correct
Both (i) and (ii) are correct
Only (iii) is correct
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