Single Answer MCQ
Q-00045514
What might be a direct consequence of MNCs moving production to developing countries?
1
Increased local unemployment
2
Enhanced local skill levels
3
Higher costs for consumers
4
Stagnation of local markets
Answer and Solution
Answer
B. Enhanced local skill levels
Solution:
The movement of MNC production to developing countries can enhance local skill levels as workers receive training and experience from global companies. Unemployment may rise initially, but skill enhancement is a typical outcome.
Watch Video Solution
