Business Studies

Some MNCs may be 'footloose'; this means that they might locate in a country to gain the tax or grant advantages then move away when these run out.


Answer & Solution

True


SOLUTION
The footloose industry is a general term for an industry that can be placed and located at any location without effect from factors such as resources or transport. These industries often have spatially fixed costs, which means that the costs of the products do not change despite where the product is assembled.
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Single Correct Medium Published on 18th 08, 2020
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