Economics 2281 · O Level · Globalisation, free trade and protection

Globalisation, free trade and protection — practice question

Which mix of factors would encourage a multinational company (MNC) that manufactures smartphones to set up operations in a low-income country?

  • Ahigh economic growth rate and supply of cheap labour
  • Blow corporation tax and competitive local market
  • Climited supply of skilled workers and cheap land
  • Dstrict employment laws and high import duties

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