Asked by
Destinee Nunez
on Dec 14, 2024Verified
Which of the following is false about multinational corporations in the global economy?
A) They have contributed to the exploitation of the poor peripheral nations.
B) Multinationals' search for cheap labor has encouraged low-skilled workers to immigrate from poor to richer nations.
C) Multinationals have created a poor and dependent workforce that is predominantly White.
D) They have contributed to racial tensions between people from different countries.
Multinational Corporations
Corporations that conduct business across national borders.
Peripheral Nations
Countries that are not dominant in the global economy, often characterized by lower levels of industrialization, weaker institutions, and lower living standards compared to core nations.
- Understand the ramifications of globalization, especially the influence of multinational corporations, on international inequity.
Verified Answer
JH
Learning Objectives
- Understand the ramifications of globalization, especially the influence of multinational corporations, on international inequity.
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