why are world trade often unfair to LEDC's?

  • 0 votes

this is about globalisation!

thankyouuu, have my gcse tomorrow so please if possible someone answer guick-iesh!



Posted Wed 13th June, 2012 @ 21:45 by elllieeeeeeeee

2 Answers

  • 1 vote

^ yeah, and because LEDCs have no other choice but to work for MNCs because theres nothing else for them (lack of educational opportunities, money etc) and MNCs use this to their advantage by paying less and selling for more. Also, the contracts are temporary, so they can leave whenever they want.. and LEDCs dont have the money for secondary industry (to make raw materials into products) :)

Answered Thu 14th June, 2012 @ 14:06 by Me :D
  • 0 votes

I think it's because they can exploit the raw materials & the state of the countries mean that they can get away with paying very little money to ledcs as they can decide how much they pay..

Answered Wed 13th June, 2012 @ 22:24 by elianaaa1802