Some countries encourage foreign companies to open in their country. Many people think the government should focus on encouraging local business rather than foreign businesses. To what extent do you agree?

Nowadays, one of the high arguments today relates to whether to boot

companies

from other countries to open or focus on the local business. In my opinion, both have their advantages, but I may say the former belief is more correct when compared to the latter.

To begin

with, having encouragement to foreign

companies

benefits us in myriad ways. First of all, the most noteworthy positive point is that it will improve the economy of either the countries or residents.

For instance

, if many

companies

are opened, more jobs will exist for everyone which will let each one

has

Correct subject-verb agreement

have

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their

income

Correct word choice

own income

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. What is more, it

also

helps to improve the knowledge which is new.

In other words

, foreign

companies

will bring many new technologies and knowledge.

Moreover

, not only does it bring money to their

companies

but

also

to the government because of tax. The more products and services are sold, the more money will

charge

Wrong verb form

be charged

show examples

by the government.

On the other hand

, there are some people who make the opposing case, they may have their own sound reasons.

However

, its demerits outweigh the merits. If we only focus on local businesses, the job opportunities will be reduced.

For example

, the jobs in local

companies

are limited which cannot have enough for the residents.

Furthermore

, we cannot have knowledge from others which will lead to creating a poor country. In conclusion, both ideas have their own advantages. From my standpoint,

although

I believe that encouraging foreign

companies

is better, I tend to believe that the best course of action would be to attempt to achieve a balance between foreign and local

companies

.