Multinational corporations (MNCs) are increasingly setting up regional headquarters in Global South countries to take advantage of lower wages and high skills.

Question

Quizplus · Accepted Answer

This statement is true. Multinational corporations (MNCs) are attracted to the Global South due to lower labor costs and the availability of highly skilled workers. As a result, many MNCs are establishing regional headquarters in these regions to gain a competitive edge.

Multinational Corporations (MNCs) Are Increasingly Setting Up Regional Headquarters in Global