The spread of multinational companies and resulting increase of globalization produces positive effects for everyone. Do you agree or disagree?

It is argued that the advancement of multinational enterprises and
resulting
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the resulting
show examples
development of globalization can bring out positive effects for everyone. I believe that it would be beneficial
the
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for the
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majority
instead
of everyone.
This
trend produces the rapid development of the economy in the capital-scarce,
labor-rich
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labour-rich
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countries
such
as developing
countries
.
This
is because
this
movement has increased job opportunities. To illustrate
this
, FOXCONN is a convincing example. It is an electronics contract manufacturer based in SHENZHEN of China that producing electronic products for most developed
countries
.
As a result
,
such
factories are likely to get local people involved in
jobs
and lift them out of poverty. Meanwhile, it
provide
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provides
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the people who live in developed
countries
through fiercely marketing competitive with the chance to have a wide array of choices because of low
labor
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labour
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costs.
For instance
, the consumers could buy goods at much lower prices than local online shops through the Chinese online platform SHEIN.
Consequently
, the customer could shop with a lot of cost-effective products.
In contrast
, the biggest problem of
this
trend is that
jobs
are lost and transferred to
lower cost
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lower-cost
show examples
countries
. According to conservative estimates by Robert Scott of the Economic Policy Institute, granting China
most
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the most
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favored
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favoured
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nation status drained away 3.2 million
jobs
, including 2.4 million manufacturing
jobs
. For that reason, workers in developed
countries
like the US face pay-cut demands from employers who threaten to export
jobs
. In conclusion, the spreading of multinational companies leads to
expansion
Correct article usage
the expansion
show examples
of globalization contributes a lot to
the
Correct article usage
apply
show examples
most
countries
.
However
, it has
dark
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a dark
show examples
side too.
Submitted by lfcheng0519 on

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