Why do mncs prefer to set up factories in developed or developing countries?
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Bcoz it has cheap land for setting up factories and cheap resources used as raw material such as electricity, water sources....
It has cheap labour ( skilled as well as unskilled)
It has more market prize
So MNCs has more profit so they set up there industries in developing countries such as India
#MS
It has cheap labour ( skilled as well as unskilled)
It has more market prize
So MNCs has more profit so they set up there industries in developing countries such as India
#MS
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