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Question

Will give brainliest Describe the "new international division of labor.” What role do countries at different levels of development play in this new system? How do transnational corporations take advantage of this system?

Answer

The “new international division of labor” is the increasing division of labor on a global scale where different stages of production are located in different countries. Countries at different levels of development play different roles in this system. Less developed countries are used primarily for their cheap labor and resources, while more developed countries are used for their advanced technologies and skilled labor. Transnational corporations take advantage of this system by seeking out the cheapest labor and resources in less developed countries, and then using the advanced technologies and skilled labor in more developed countries to create a full product. They can also move production to different countries depending on where it is cheapest, which allows them to maximize profits.

  • Q: What is the “new international division of labor?” A: The “new international division of labor” (NIDL) is the increasing division of labor on a global scale where different stages of production are located in different countries.
  • Q: What role do countries at different levels of development play in this new system? A: Countries at different levels of development play different roles in this system. Less developed countries are used primarily for their cheap labor and resources, while more developed countries are used for their advanced technologies and skilled labor.
  • Q: How do transnational corporations take advantage of this system? A: Transnational corporations take advantage of this system by seeking out the cheapest labor and resources in less developed countries, and then using the advanced technologies and skilled labor in more developed countries to create a full product. They can also move production to different countries depending on where it is cheapest, which allows them to maximize profits.