explain the effects of the decision of MNC's to relocate production in asian countries
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the effect of the decision of MNC to relocate production
1. danger for domestic industries
2. repatriation of profit
3.intervention in local parties no benefit to poor peoples.
1. danger for domestic industries
2. repatriation of profit
3.intervention in local parties no benefit to poor peoples.
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0
Answer:
Impact of MNC's decision to relocate production in Asian Countries:
It provided for cheap labour to MNC's.
It stimulated world trade.
Increased capital inflow in the Asian Countries.
Brought about new technology and production methods to the Asian Countries.
Greater choice of goods and services to the people.
Greater employment opportunities for Asian countries.
Rapid economic transformation resulting in the growth of economies like India, China.
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