Critics argue that MNCs harm developing countries because they: I. increase technological dependence on foreign sources; II. hamper local entrepreneurship and infant industries; III. raise unemployment through unsuitable technology; IV. restrict subsidiary exports that undercut the parent. Which are cited?

Correct answer C. All of I, II, III and IV

Explanation

Development economists such as Todaro list all four criticisms: technological dependence, crowding out local enterprise, inappropriate capital-intensive technology and export restrictions imposed on subsidiaries.

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