Question

Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?​

Answer 1

Developed countries want developing countries to liberalise their trade and investment because then the MNCs belonging to the developed countries can set up factories in less-expensive developing nations, and thereby increase profits, with lower manufacturing costs and the same sale price.

Answer 2

QuestioN:-

Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

AnsweR:-

Developed countries want developing countries to liberalise their trade and investment because then the MNCs belonging to the developed countries can set up factories in less-expensive developing nations, and thereby increase profits, with lower manufacturing costs and the same sale price.