Which of the following,as a result globalization,is true of less-developed countries and multinational corporations?
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 exploit the natural resources and labor of less-developed countries without providing fair wages or investing in sustainable development. This can lead to economic instability and long-term harm to the economy of the host country. Therefore, the long-term economic viability of less-developed countries is indeed threatened by the activities of multinational corporations. Options A, B, and D are not true as multinational corporations do see less-developed countries as potential consumer markets, do exploit the labor power of these countries, and do invest in them for various reasons such as cheaper production costs, new market opportunities, and access to resources.

Which of the Following,as a Result Globalization,is True of Less-Developed