Edzy
Single Answer MCQ
Q-00015691

How do MNCs influence local producers?

1

By reducing production costs drastically

2

By offering higher prices than local markets

3

By controlling production conditions and standards

4

By providing a surplus of raw materials

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. By controlling production conditions and standards

Solution:

MNCs control production conditions and standards which can dictate pricing and quality for local producers, essentially shaping the entire production landscape.

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