Edzy
Single Answer MCQ
Q-00045507

Which of the following is an advantage of joint production between MNCs and local companies?

1

Higher import tariffs

2

Limited access to technology

3

Increased investment from MNCs for better production

4

Decreased market competition

Reviewed & Verified by Edzy Expert

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. Increased investment from MNCs for better production

Solution:

Joint production allows local companies to receive additional investments from MNCs, enhancing production capability and efficiency. The other options do not represent the benefits of such collaborations.

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