What made the multinational companies to relocate production to Asian country
? what was it impact in the Asian region?
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The multinational companies to relocate production to Asian country because:
*Asian land are cheap.
*Availability of raw materials.
*Cheap and skilled labours.
The impact in the Asian region was:
*Made competitions between MNCs and local companies resulting good quality products from local trader.
*Huge choice for consumers in market.
*Improves Globalization in countries.
*Local companies transformed and emerged as MNCs. EG-TATA motors, Asian paints.
*As many factories were build by MNCs it created a lot of employment opportunities.
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*Asian land are cheap.
*Availability of raw materials.
*Cheap and skilled labours.
The impact in the Asian region was:
*Made competitions between MNCs and local companies resulting good quality products from local trader.
*Huge choice for consumers in market.
*Improves Globalization in countries.
*Local companies transformed and emerged as MNCs. EG-TATA motors, Asian paints.
*As many factories were build by MNCs it created a lot of employment opportunities.
IT THIS IS HELPFUL PLEASE MARK AS BRAINLIEST : )
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