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What are the various ways in which MNCs set up, or control, production in other countries? - Social Science

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प्रश्न

What are the various ways in which MNCs set up, or control, production in other countries?

संक्षेप में उत्तर

उत्तर

The various ways in which MNCs set up, or control, production in other countries are by buying out domestic companies or making the latter work for them. Sometimes, MNCs buy mass produce of domestic industries, and then sell it under their own brand name, at much higher rates, in foreign countries. MNCs look towards developing nations to set up trade because, in such places, the labour and manufacturing costs are much lower.

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Production Across Countries
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अध्याय 4: Globalisation and the Indian Economy - Exercises [पृष्ठ ७२]

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एनसीईआरटी Social Science (Economics) - Understanding Economic Development [English] Class 10
अध्याय 4 Globalisation and the Indian Economy
Exercises | Q 4 | पृष्ठ ७२
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