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Which one of the following is a major benefit of a joint production between a local company and a Multi-National Company?

9. Which one of the following is a major benefit of a joint production between a local company and a Multi-National Company?

1. MNC can bring the latest technology in the production
2. MNC can control the increase in the price
3. MNC can buy the local company
4. MNC can sell the products under their brand name

Answer: B) MNC can control the increase in the price

Explanation:

MNC can provide money for the latest technology, like buying new machinery for the fastest production.