Countries should invite foreign companies to open branches in their shores.To what extent do you agree or disagree?

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It is being argued that overseas
companies
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should be invited by other
countries
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in order to open their branches. In my opinion, I am in the favor of above idea as it will not only increase the employment opportunities but
also
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will benefit the trade
companies
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in the export and import field. In the
further
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part of the essay, I will explain my reasons in detail.
Firstly
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, Opening new outlets in foreign
countries
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will enhance the options of getting jobs for unemployed
people
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.
Furthermore
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,
people
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should not have to leave their
countries
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to find jobs.
For instance
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, Apple company recently opened their first branch in India and a lot of
people
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got employment.
Therefore
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, the more the communities will be invited to other regions , the more facilities will be available for the
people
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.
Secondly
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, it will be beneficial for the economy of that country. Traders can trade with overseas associations which will lead to overcoming the barrier between them.
For example
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, In a recent survey in China, 80% of the revenue was generated from export and import business in 2020.
Also
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, China is hitting the top among all the
revenue generating
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revenue-generating
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companies
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.
Therefore
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, the more
the
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apply
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foriegn
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foreign
companies
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will be deployed, the more
the
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apply
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profit will be generated.
To conclude
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, I am convinced of the idea of letting outside
companies
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open their offices in other
countries
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as it will put a positive impact on the increase in employment rate and
also
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will open new opportunities for the traders of those
countries
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.
Submitted by sharma.vassu8 on

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