Which of the following statements is true of less-developed countries and multinational corporations in the context of globalization?
A)Multinational corporations tend not to see less-developed countries as potential consumer markets.
B)The labor power of less-developed countries does not attract the attention of multinational corporations.
C)The long-term economic viability of less-developed countries is threatened by the activities of multinational corporations.
D)Multinational corporations prefer not to invest their time and effort in less-developed countries.

Question

Quizplus · Accepted Answer

Multinational corporations often take advantage of the lower labor costs and lax regulations in less-developed countries, leading to exploitation of local workers and potential environmental damage. This can hinder the long-term economic viability of these countries. A and D are incorrect because multinational corporations do view less-developed countries as potential consumer markets and do invest in them, but often in ways that prioritize their own profits over the well-being of local communities. B is incorrect because multinational corporations often do exploit the labor power of less-developed countries.

Which of the Following Statements Is True of Less-Developed Countries