Write a note to explain the effects of the following The decision of – InterviewSolution

1.	Write a note to explain the effects of the following The decision of MNCs to relocate production to Asian countries.
Answer» The decision of MNCs to relocate production to Asian countries led to a stimulation of world trade and capital flows. This relocation was on account of low-cost structure and lower wages in Asian countries. It also benefitted the Asian nations because employment increased, and this resulted in quick economic transformation as well.

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