Discuss the role of MNCs and TNCs in economic globalisation.

Globalisation refers to the integration of markets within the world economy, which consequently increases the interconnectedness of national economies. Multinational corporations are a function of this interconnectedness, as they can form and utilise the connections between national economies, to operate within multiple countries. The operation of a multinational corporation within these countries will require significant investments, often called foreign direct investment, which will act as an injection into the host economy. With the operation of multiple multinational corporations in one nation, each investing in the region, for example, Maharashtra in India which receives significant foreign direct investment, the economy will be boosted, given ______ _____ __________ ______ ___ _______ _____.
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