What are some effects of multinational businesses?

Access to cheaper labor to lower production costs and access to a wider labor market are two effects of multinational businesses.

Explanation: One effect that is common in multinational businesses is access to a cheaper labor force. Some businesses move their production operations to other countries where the cost of labor is much cheaper, which also reduces the overall production cost of the products. A second effect is access to a wider labor market. By going to another country the company has access to a whole new labor force in this country.

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