According to the new international division of labour theory,low-income countries provide transnational corporations with a situation in which they can pay lower wages and taxes.

Question

Quizplus · Accepted Answer

The new international division of labour theory suggests that low-income countries offer transnational corporations an opportunity to benefit from lower wages, taxes, and other costs of production. This allows corporations to increase their profit margins and gain a competitive advantage in the global market. Therefore, option A is correct, while option B is incorrect.

According to the New International Division of Labour Theory,low-Income Countries