Question

How do multinational corporations contribute to globalization?(2 points)

They contribute to global economic and political connections

They discourage technological innovation

They promote cultural diversity

They restrict trade between countries

Answer 1

[AI-generated answer — Bot GPT 3.5]

1. Multinational corporations contribute to globalization by fostering global economic and political connections. Through their operations and supply chains that span multiple countries, they help facilitate the exchange of goods, services, and capital across borders. This interconnectedness can lead to increased trade, investment, and cooperation between countries, ultimately shaping the global economy and political landscape.

2. Multinational corporations also play a role in promoting cultural diversity as they operate in regions with different cultural norms, values, and traditions. By engaging with diverse markets and consumers, these companies often adapt their products, services, and marketing strategies to cater to local preferences and customs. This can help preserve and celebrate cultural differences while also encouraging cross-cultural understanding.