Which countries become attractive destinations for Investment by foreign MNCs?

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China and Asian countries

Europe and western countries

Africa and southern countries

None of the above

answer is A.

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Detailed Solution

An attractive destination for Investment by foreign MNCs became China and Asian countries.
Following the 1949 revolution, China increasingly integrated into the global economy. It attracted international multinational corporations (MNCs) to invest in China's economy. In the 19th and 20th centuries, China became a popular investment location for multinational corporations (MNCs) because

Wages in nations like China were relatively low.

This is due to the Chinese economy's low-cost structure, particularly its low wages.

The televisions, cell phones, and toys in stores appear to be created in China.

China is the world's most populous country, and as a result, it has a big consumer base.

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