more and more international companies are investing and locating their business in foreign country. What problems will local communities face with and what can be done ?

In

this

day and age, an increasing number of people are concerned about the development of foreign investment by international companies. The main reason for

this

is that local

business

cannot compete with large international

business

and a viable solution is the government should promulgate rules to help improve the local economy. The

first

major issue id the burden of high taxation makes it difficult for many small businesses to survive.

For example

, small company makes only 500 dollars per

month but

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month, but

they have to pay 300

dollars taxes

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dollars, taxes

, and

thus

, they do not have enough money to pay their employees.

In addition

, local communities will lose their uniqueness as international companies are the same the world over;

therefore

, local countries

is

Suggestion

are

globalized, which cause local countries

loose

fail to keep or to maintain; cease to have, either physically or in an abstract sense

lose

their culture and traditional. Another

natable

worthy of notice

notable

problem is local businesses cannot compete with

large international

Suggestion

the large international business

business

. International businesses

has

Suggestion

have

large investment sources and advantageous conditions, and

consequently

, they attract more consumers than local

business

. It not only decline the local

economy but

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economy, but

also

cause rich become richer, poverty worsens in poor countries. There are two effects solutions to the problem of investing

by

Suggestion

in

international companies in foreign

contries

a politically organized body of people under a single government

countries

. One effective measure to deal with international companies is for the government should subsidize local

business

such

as decreasing tax and attracting workers.

In addition

, local people should find out

new technique

Suggestion

a new technique

,

then

apply it in

business

to develop their work. Regularly cultivate knowledge, capture new economic trends of the world and apply it to local

business

's production.

Moreover

, big companies should work alongside local businesses to support the community, and

also

corporations should be granted

further

tax cuts. In conclusion, while more and more international companies are investing and locating their businesses in foreign countries, which can have negative effects on not only the

society but

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society, but

also

the environment, measures and actions could be taken by both government and citizens to the problems.