How does the rise of multinational companies effect the poor workers . Explain
multi national compd.anies hire unskilled labours where they can get them the cheapest. So the poor labours are affected.
Also, as per the latest rules by the WTO (world trade organisation), the labours can be hired and left any time. They don't have a fixed tenure and MNCs don't need to employ them on a regular basis. This helps them cut down their costs. Refer to the green box on pg 69 in the economics textbook.
Also, as per the latest rules by the WTO (world trade organisation), the labours can be hired and left any time. They don't have a fixed tenure and MNCs don't need to employ them on a regular basis. This helps them cut down their costs. Refer to the green box on pg 69 in the economics textbook.