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

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter6: Managing In The Global Economy
Section: Chapter Questions
Problem 8E
icon
Related questions
Question

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

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Financial Statements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Economics: Applications, Strategies an…
Managerial Economics: Applications, Strategies an…
Economics
ISBN:
9781305506381
Author:
James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:
Cengage Learning