Q. 34.8( 6 Votes )

What are the various ways in which MNCs set up or control production in other countries? Why do developed countries want developing countries to liberalize their trade and investment you think should the developing countries demand in return?

Answer :

The MNC’s buy up the local companies and then expand the production. The profits are shared in consensus among the companies.

The MNCs in developed countries places an order with the small producers and sell those products under their own brand name.

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