Social Sciences, asked by arshpreetArsh6607, 10 hours ago

the relocation of industries to low wage countries stimulated world trade and capital flow. justify the statement

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Answered by nityajain6666
3

Answer:

Wages were relatively low in countries like China. It became the most attractive destination for the investment by foreign companies to capture global market. Thus, the relocation of industries became a matter of profit for MMCs and stimulated world trade and capital flow to these low wage countries.

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