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MNCs Stands for

AMultinational commodities

BMultinational Corporations

CMinimum number of commodities

DNone of these

Answer:

B. Multinational Corporations

Read Explanation:

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Related Questions:

According to Economics,a resource is a?
The one rupee not bears the signature of :
The deputy chairman of the planning commission:
The contribution of Indian agricultural sector is :

Identify the correct assertions regarding the contributions of Western economic thinkers.

  1. Adam Smith, often called the 'father of Economics,' advocated for minimal government intervention in economic activities, a principle known as 'Laissez Faire'.
  2. Karl Marx, in his work 'Das Capital,' argued that laborers receive the full value of their contribution, with profits going entirely to them.
  3. Alfred Marshall emphasized that economic activities should be oriented towards promoting the welfare of society.
  4. Lionel Robbins suggested that unlimited wants should be prioritized to ensure economic growth.