Some people believe that the activities of large multinational corporations mostly benefit the economies 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.

it is often argued that the actions of huge global
companies
are beneficial to
countries
with developing economies, while others believe that these
companies
have a negative effect. In my opinion,
although
multinational
companies
have some harmful impacts, I believe that they benefit the
countries
in which they do business. A growing body of research suggests that multinationals have a generally positive effect on the economies of developing
countries
. One key benefit is that international investment can help to create job opportunities for local people.
This
can lead to an increase in wages. Taking Turkey as an example, employees of multinational
companies
earn around 15% more than the staff of local
companies
.
However
, there are
also
negative impacts which must be considered. One important issue is that multinational
companies
can take customers from local
companies
.
This
means that some local businesses are likely to close down.
For instance
, global chains
such
as
Mcdonalds
Change noun form
Mcdonald's
Mcdonalds'
show examples
and Coca-Cola have a much larger budget for advertising, allowing them to increase their market share at the expense of local restaurants. In conclusion, while multinationals can benefit developing
countries
by creating jobs, they can
also
threaten small businesses.In my opinion, despite having some negative effects, I believe multinational corporations are generally beneficial.
Submitted by vyshnavi.sathyan on

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    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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