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Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?

#companies #countries
Recently,there has been a world preference
of
Change preposition
for
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 a multinational economic
market
.
This
 has led to
the
Change the article
an
show examples
 increase in large
business
investments
 in developing
countries
 as a means for supporting their economy, whereas some people claim that
this
 trend has led to drastic consequences.
This
 phenomenon has its benefits and drawbacks that I will discuss in
this
 essay. On one hand, multinational
companies
' choice to invest in poor
countries
 has several advantages. The
first
 impact appears as these organizations attempt to solve the local unemployment issue, securing a better life standard for citizens. The investment of Japanese car
companies
,
for instance
, in Egypt has
lead
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led
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 to
the
Correct article usage
apply
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economic flourishment through offering jobs for Egyptians and
openning
Correct your spelling
opening
 a prominent domestic
market
 for foreign cars and
its
Correct pronoun usage
their
show examples
 original utilities. Not only do these
investments
 play an important role in developing the national financial status, but
also
 they are money savers for
business
 owners to construct their
companies
 in suffering nations. Since the largest amount of human labour
exist
Change the verb form
exists
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 in developing
countries
,
business
 owners prefer to pay low salaries for these in favour of
high profit
Add a hyphen
high-profit
show examples
 rates from the international
market
.
Therefore
, multinational organizations are pivotal to the economy of the developing
countries
 as well as the profits of the
business
 itself. 
On the other hand
,
openning
Correct your spelling
opening
 the boarders for global businesses to be established on developing lands has its remarkable disadvantages. These drastic consequences appear in the exploitation of citizens for the sake of the financial
companies
' goals. In Bangladesh,
for example
, workers in foreign textile
companies
 work for more than 15 hours daily to earn low salaries in order to secure a reasonable standard of living for their families.
This
 inhumane exploitation does not only affect the workers but
also
 the society where individuals suffer fragmentation and medical issues that are hard to solve by the government.
Thus
, it is believed that the risks
from
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of
show examples
 accepting global
investments
 in poor nations are difficult to ignore.  In conclusion, I believe that developing
countries
 should encourage the open
market
 where they welcome global
investments
, but these governments should legislate laws to protect their citizens from being exploited and to secure reasonable wages and medical insurance for them.
Hence
, governments should be aware of the advantages and disadvantages of having international businessmen establishing their organizations locally to protect their individuals.
Submitted by raniafarag999 on

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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Topic Vocabulary:
  • Globalization
  • Multinational corporations (MNCs)
  • Foreign direct investment (FDI)
  • Developing economies
  • Infrastructure development
  • Capacity building
  • Cultural diversity
  • Sustainability
  • Corporate social responsibility (CSR)
  • Technological transfer
  • Economic disparity
  • Market saturation
  • Brain drain
  • Indigenous industries
  • Expatriate management
  • Trade imbalance
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