Question 5: Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

user image

Dileep Vishwakarma

2 years ago

Answer: Developed countries want developing countries to liberalise their trade and investment because then the MNCs belonging to the developed countries can set up factories in less-expensive developing nations, and thereby increase profits, with lower manufacturing costs and the same sale price.

Recent Doubts

Close [x]