when a multinational corporation opens a new factory in another country what an economic responsibilities must it meet

When multinational corporation opens a new factory in another country, they must ensure that economic requirement of minimum or fair wage must be provided to the workers.

Basically, the economic responsibilities refers to those obligation which is expected form an organization to the society and nation while still maintaining its economic profit.

The location of industry in the particular country by Multinational companies will be beneficial for the company but will be expected to adhere by the country requirement such as Licensing, tax, Minimum wage etc.

Therefore, when multinational corporation opens a new factory in another country, they must ensure that economic requirement of minimum or fair wage must be provided to the workers.

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Giving their workers' fair salary

Explanation:

If a company open their factory in another country,  they most likely do it in order to cut down the cost of their production (since they can pay their workers cheaper compared to the workers from their country of origin).

Economic responsibilities refers to fulfilling the company's obligation to the society while still maintaining economic profit.

Even though it's true that foreign workers tend to require cheaper salary, that doesn't mean that the company could just exploit them and force them to work with little salary as possible. The salary need to still enable those workers to live with a good standard of liking in that foreign country.

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