The success of many multinational corporations is based not just upon the goods or services that they sell in foreign nations, but also upon the core competencies that underlie the development, production, and marketing of those goods or services.

The correct answer is: True

Explanation:

A multinational corporation creates wealth and jobs around the world affecting in a direct way the economy of a country and its citizens when they are employed in it. The investment that it generates contributes to capital flow to poorer or developing economies.