Home › UP Board Class 10 › economics › Globalisation and the Indian Economy › MNCs often spread production across countries be…
MNCs often spread production across countries because
Answer & Solution
Correct answer: C.
1. MNCs locate stages of production in countries offering cost advantages.
2. Cheap labour, supply of raw materials, lighter regulation and access to markets all matter.
3. Hence production networks span multiple countries.
_Source: NCERT Class 10 Understanding Economic Development, Ch 4 "Globalisation and the Indian Economy"_
Related questions
Movement of people across countries due to globalisation hasWhich is a key role for the government in fair globalisation?Indian IT and BPO services exports are an example ofGlobalisation interlinks production throughIf a government raises tariffs on imported steel, this is an example ofGlobalisation has been particularly painful forAn export tax is a tax onJoint production with a local company allows an MNC to