Where do MNCs set-up their production units? Explain.
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MNCs set up their production units in regions where they have access to cheap labour and resources like raw material, land etc. Due to availability of cheap resources, the production cost remains low and this result in maximum profit for the MNCs.
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Explanation:
MNCs set up their production units in regions where they have access to cheap labour and resources like raw material, land etc. Due to availability of cheap resources, the production cost remains low and this result in maximum profit for the MNCs.
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