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LPG Model (or New Economic Policy) — Economics STD 9 — Question

ICSE BoardEnglish MediumSTD 9EconomicsLPG Model (or New Economic Policy)2 Marks
Question
In what ways is an MNC different from other companies? Explain.
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Answer

(i) The activities of an MNC are spread across the countries. While other companies are local in their existence.
(ii) An MNC has a huge capital base (resource) as compared to other companies.

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