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The global economy

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Question 28

Lithium is a key component in electric vehicle batteries. Lithium extraction is a major industrial activity in Chile. Many of the extraction facilities are owned by foreign multinational corporations (MNCs).

Explain one advantage for Chile of the lithium extraction facilities being owned by foreign MNCs.

[3]

The global economy Questions

  1. IGCSE
  2. /Economics
  3. /The global economy