How do the local companies benefit from a collaboration with MNCs?

Wages of local employees increase

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Local companies get additional investments

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Local companies get strategic control of the MNCs

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MNCs generally bring the latest technology

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Solution

The correct option is D MNCs generally bring the latest technology
Many MNCs collaborate with local companies of the host country to invest and expand their businesses. In such collaborations, MNCs get entry into a new market. On the other hand, the local companies gain additional investments and access to the latest technology.

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