Question

In what way do MNCs control production of local companies?​

Answer 1

Answer:

The ways are: (i)MNCs set up production where it is close to the markets; where there is skilled and unskilled labour available at low costs; and where the availability of other factors of production is assured. (ii)In addition, MNCs might look for government policies that look after their interests.

Answer 2

Answer:

The ways are: (i)MNCs set up production where it is close to the markets; where there is skilled and unskilled labour available at low costs; and where the availability of other factors of production is assured. (ii)In addition, MNCs might look for government policies that look after their interests.