O-LevelEconomicsEconomic development2281/11 · May/June 2022 · Q251 Mark
The governments of low-income countries often allow foreign multinational companies (MNCs) to mine minerals in their country. Which conflict between benefit and cost might this cause the low-income countries? benefit: improved balance of trade, cost: training by the MNCs benefit: higher employment, cost: loss of a finite resource benefit: increased profits for the MNCS, cost: efficient production benefit: more sustainable development, cost: economic growth
Abenefit: improved balance of trade, cost: training by the MNCs
Bbenefit: higher employment, cost: loss of a finite resource
Cbenefit: increased profits for the MNCS, cost: efficient production
Dbenefit: more sustainable development, cost: economic growth
✓ Correct answer
B: benefit: higher employment, cost: loss of a finite resource
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