this organisation is focussing on the competition in the international market and free access to markets across different countries of the world. it facilitates bilateral and multilateral trade agreement. identify the organisation.describe its role in the context of globalisation.
Dear student,
The organisation that is being described in the given question is "MNC" or global enterprises. A global enterprise is the one that has operations in more than one country.
The following points describe the role of MNCs in globalisation:
1. They control production in more than one country.
2. They help in integrating the markets of different countries.
3. They help in the exchange of investment and technology between different countries. This leads to overall development of the economies.
The organisation that is being described in the given question is "MNC" or global enterprises. A global enterprise is the one that has operations in more than one country.
The following points describe the role of MNCs in globalisation:
1. They control production in more than one country.
2. They help in integrating the markets of different countries.
3. They help in the exchange of investment and technology between different countries. This leads to overall development of the economies.