Some people believe that the activity of large multinational corporations mostly benefits the economy of developing countries. Other people take the opposite view and feel that these large multinationals are generally harmful. Discuss both views and give your opinion

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IT IS OFTEN ARGUED THAT THE ACTION OF HUGE GLOBAL COMPANIES ARE BENEFICIAL TO COUNTRIES WITH GROWING ECONOMIES, WHILE OTHERS BELIEVE THAT THESE COMPANIES HAVE A NEGATIVE EFFECT. IN MY OPINION, I BELIEVE THAT
ALTHOUGH
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MULTINATIONALS COMPANIES HAVE SOME HARMFUL IMPACTS. OVERALL, THEY BENEFIT THE COUNTRIES IN WHICH THEY DO BUSINESS.
one
Suggestion
One
key benefit that international investment can help to create job opportunities with
higher rate
Suggestion
a higher rate
of pay. As these companies international, they hire
employee
Suggestion
employees
an employee
from the same country in which they establish their business.
This
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can lead to an increase in wages than local industries can provide.Taking turkey as an example, employee of multinational companies
earn
Suggestion
earns
around 15% more than staff of local units.
However
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, there are
also
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negative impacts which must be considered. One important issue is that multinational companies can take customers from local businesses and may close it down completely.
For example
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, global chains
such
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as McDonalds and coca-cola have a much larger budget for advertising, allowing them to increase their market share at the expense of local restaurant. In conclusion, while multinationals can benefit developing countries through creating jobs, they can
also
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threaten small businesses. In my opinion, despite have some negative effects, global corporations are generally beneficial.

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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Topic Vocabulary:
  • Job creation
  • Technology transfer
  • Economic growth
  • Gross Domestic Product (GDP)
  • Exploitation of labor
  • Unfair labor practices
  • Working conditions
  • Job security
  • Environmental degradation
  • Pollution
  • Deforestation
  • Depletion of natural resources
  • Cultural homogenization
  • Erosion of local cultures
  • Balance and regulation
  • Host countries
  • Implement policies
  • Mitigate negative impacts
  • Enforcing labor laws
  • Environmental regulations
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