Question

3. By setting up their production plants in India, MNCs such as Ford
Motors tap the advantage not only of the large markets that countries
such as India provide, but also the lower costs of production. Explain
the statement.
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Answer 1

Answer:

short and sweet nothing but

as india is a huge populated country the selling of goods will be more and as there are vast people jobless atleast go for low wages where the production cost reduce this is how ford and even now apple has setup the plants.

thank u for the opportunity

Answer 2

Answer:

short and sweet nothing but

as india is a huge populated country the selling of goods will be more and as there are vast people jobless atleast go for low wages where the production cost reduce this is how ford and even now apple has setup the plants.

Explanation: