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Cameroun is a developing country in Central Africa. The government of Cameroun has always had a policy of encouraging multinational corporations to invest in that
Cameroun is a developing country in Central Africa. The government of Cameroun has always had a policy of encouraging multinational corporations to invest in that country by providing them with such incentives as easy access to credit, tax breaks, along with below market interest rates on any money borrowed in Cameroun. In return, the government of Cameroun mandates a very high minimum wage rate along with generous benefits for all workers employed by MNCs (multinational corporations). Given the currently high unemployment rate in Cameroon (i.e. especially among the youth) the country is very much interested in attracting foreign investment/companies that would create a lot of jobs in that country. The above policies by Cameroun will do which of the following for the MNC? Group of answer choices lower the cost of labor and raise the cost of capital lower the cost of labor and lower the cost of capital raise the cost of labor and raise the cost of capital raise the cost of labor and lower the cost of capital leave both cost unchanged
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