What are the various ways in which MNCs set up, or control, production in other countries?
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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.
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Answer:
What are the various ways in which MNCs set-up or control production in other countries ?
1.By buying local companies of an area.
2.By making partnership with the owner of local companies.
3.By investing in local companies to encourage the production of foreign product in any country.
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