Write a note to explain the effects of the following: The decision of MNCs to relocate productio...
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0Write a note to explain the effects of the following:
The decision of MNCs to relocate production to Asian countries.
* Having relatively low wages, Asian Countries like China became more suitable destinations for investment by foreign MNCs competing to dominate world markets.
* The main criteria for the relocation of industries was low-cost structure, which stimulated their world trade and capital flocus.
* The local population now had a greater choice of goods and services. Prospects of greater employment opportunities for them.
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