Economy, asked by ramkoncom, 11 months ago

Why do MNCs prefer setting up factories in developed countries?

Answers

Answered by RakhiBhedke

6

Answer:

MNCs prefer setting up factories in developed nations rather than in developing nations for the following reasons:

It has cheap land and more availability of infrastructures such as electricity, water, etc.
It has skilled as well as unskilled labourers.
It has more market value.

So, MNCs aquires more profit from developed nations comparatively developing nations.

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