What do u mean by joint production of MNC with local companies? how it is beneficial for the local company and the MNC ?
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Question: What are the benefits to the local companies of joint production with MNCs?
Answer: The local companies of joint production with MNCs have the following benefits:
MNCs can provide them money for additional Investments, e.g. buying new machines for production, etc...
MNCs might bring with them the latest technology for production...
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