The growth in the number and scale of transnational corporations
A) peaked in the 1970s.
B) has increased over the last three decades.
C) has retarded the globalization of the economy.
D) has been independent of changes in the international economy.
E) is the most important factor in improving welfare for the global South.

Question

Quizplus · Accepted Answer

The growth in the number and scale of transnational corporations has been increasing over the last three decades. The globalization of the economy has been largely driven by the expansion of these corporations, which operate across national borders and have significant economic power. Their growth has been facilitated by advances in technology and changes in global trade and investment policies.

The Growth in the Number and Scale of Transnational Corporations