ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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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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