Which of the Following May Not Be a Downside to the Rise

question 18

Multiple Choice

Which of the following may not be a downside to the rise of multinational corporations (MNCs) ?

• A) MNCs may spur local development of infrastructure such as roadws and schools.
• B) Global South countries may become dependent on MNCs to provide technology and never develop new technology on their own.
• C) Elites may sacrifice the country's welfare for their own personal gain.
• D) All of these are true.

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Definitions:

Closing Costs

Expenses over and above the price of the property in a real estate transaction, such as taxes, attorney's fees, and title insurance.

Escrow Agent

A neutral third party responsible for holding assets or documents until certain conditions of an agreement are met.

Lender

An individual or institution that provides funds to another with the expectation of repayment plus interest.

Title Examination

The process of reviewing public records to determine and confirm a property's legal ownership, and to identify any claims, defects, or encumbrances that may affect the title.