answersLogoWhite

0

Yes and No

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Why TNCs products are made in LEDC?

Transnational Corporations (TNCs) often manufacture products in Less Economically Developed Countries (LEDCs) due to lower labor costs, relaxed regulations, and access to raw materials. This helps TNCs reduce production expenses and increase profit margins. Additionally, LEDCs often offer tax incentives and subsidies to attract foreign investment and encourage economic growth.


Does fair trade benefit retailers more than LEDCs?

why is fair trade good for LEDCs


Why do Tncs locate in Ledcs?

Cos it's cheaper to make and also the wages are lower, so the profit they Tncs get are higher. people have to work more, but still get paid less, you either do the work you get, or you loss your job, so the profit and wages are all cheaper


How did LEDCs get into debt with MEDCs?

ledcs ask medcs for money if they need it but over time, medcs charge more and more interest and so the ledcs can't pay it back. medcs also bargain for their resources so when the ledcs are left in debt, with no control over their resources, they end up in poverty.


Can you name 10 LEDCs?

poty


Is Argentina a medcs or ledcs country?

ledc


How Many LEDCs are there?

There are many Less Economically Developed Countries (LEDCs) worldwide, but the exact number can vary depending on the source or classification. The United Nations lists over 30 countries as Least Developed Countries (LDCs), which generally align with the concept of LEDCs.


Is free market economy good for LEDCs?

nope.


Where are sweatshops found?

in LEDCs (less economically developed countries)


What country did the rose flower come from?

it comes from a LEDCS


Is Somalia a medcs or ledcs country?

LEDC because it has faming in it and ...


Why are companies using LEDCs for manufacturing purposes?

bECAUSE, THE WAGES ARE LOW