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

Multinational corporations are becoming increasingly normal in developing
nations
.
This
essay will
first
suggest that creating more job opportunities is the primary benefit of multinational firms, while possible domination
on
Change preposition
of
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the economic situation of developing
countries
is its main drawback. The main disadvantage of multinational companies in developing
nations
is
its
Correct pronoun usage
their
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significant impact on the
economy
of those
countries
.
This
is to say
,
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apply
show examples
since developing
countries
suffer from a poor
economy
, they are highly influenced by big corporations. Multinational firms try to invest in key economic sectors of
countries
to take their
economy
under their control, which would limit the power of
nations
over their
economy
after a while.
For instance
, after 10 years of Hamdam, an Indian multinational company, in Iran, it started to dominate the Iranian
economy
, which led to a conflict of interests between the corporation and the state in terms of economic policies.
However
, multinational companies are considered as a significant help for developing
nations
in terms of creating job opportunities.
In other words
, those firms invest a large amount of money in order to launch different projects, something that requires hiring local people, and
consequently
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,consequently
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it results in reducing the unemployment rate in developing
nations
.
For example
, since 2012 when big multinational corporations, like Zelodon,
Humtes
Correct your spelling
Humates
, and Sahara started their activities in Iran, the unemployment rate dropped by 5%. In conclusion, multinational companies benefit developing
nations
in terms of creating more job opportunities, while they, in some cases, could dominate the
economy
of those
countries
.
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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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