What is the major benefit to the local company of a joint production with MNC?

Domestic labours get high wages

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Production reduces

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MNC's can provide money for additional investments.

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Domestic companies started following labour laws.

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Solution

The correct option is C MNC's can provide money for additional investments.
The benefit to the local company of such joint production is two-fold. First, MNCs can provide money for additional investments, like buying new machines for faster production. Second, MNCs might bring with them the latest technology for production.

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