Question

MNCs set up offices and factories for production in regions where they can get costly labour and other resources. This is done so that the cost of production is high and the MNCs can earn greater profits.

Answer 1

Answer:

The statement is not true. Multinational Corporations (MNCs) set up their offices and factories only in certain areas with certain available factors like cheap labour and resources to save the cost of production and to gain more consumers and achieve higher profit.