On what grounds are multinational corporations (MNCs) often criticized by anti-globalization activists?
A) They increase unemployment in the host country.
B) They bring in technology that is unknown to the host country.
C) They use the capital-intensive mode of production.
D) They are liable to pay the taxes levied by the government of the host country.
E) They misuse and misallocate scarce resources.

Question

Quizplus · Accepted Answer

Many multinational corporations (MNCs) have been targeted by anti-globalization activists at global business forums, and some protests have turned violent. The activists contend that MNCs increase the gap between rich and poor nations, misuse and misallocate scarce resources, exploit the labor markets in LDCs, and harm their natural environments.

On What Grounds Are Multinational Corporations (MNCs) Often Criticized by Anti-Globalization