MNC helps to end local monopolies.
Justify the following statement :
MNC helps to end local monopolies.
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Multinational corporation helps to end local monopolies.
1. Multinational corporations lead to competition in the host countries.
2. Local monopolies of host countries either start improving their products or reduces their prices.
3. Multinational corporation put an end to exploitative practices of local monopolists.
4. As a matter of fact, MNCs compel domestic companies to improve their efficiency and quality.
5. Thus, MNC helps to end local monopolies.
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