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O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2022 · Q301 Mark

Which combination of factors would attract a multinational company (MNC) producing smartphones to operate 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

✓ Correct answer

A: high economic growth rate and supply of cheap labour

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2022 Paper 1 Variant 2, question 30.

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