Outline: MNEs have a positive effect on the economies of developing countries.
Intro
Yes, I agree that Multinational corperations have a positive effect on the economies of
devloping countries. Countries that open up to forein investment allow themselves to grow
and eventually become world powers.
Body
Argument 1–> MNCs create jobs and wealth for developing countries. Creating jobs and
generating previously uncommon amounts of wealth can raise expectations for the future.
Rebuttal 1–> The jobs created by NMCs feature low-wages especially when compared to
western nations. Multinationals are merely exploiting the work-force as almost slave
labour”
Response 1–> While this may be true in some parts of the world where there is very
limited government restrictions, the work force is genrally thankful to atleast have any job
at all. People need to work and forein investment allows them to do that and feed their
families. A job in a factory is often more sought after than working farm-labour in rural
areas.
Argument 2–>Foreign investment can allow a country to compete on the worlds stage.
MNCs can use their buying power and economies of scale to lower the prices of goods and
services. Employee benefits can also be introduced (health care, etc.) Infrastructure is also
improved with the building and improvement of roads and waterways.
Rebuttal 2–> Since MNCs are usually very powerful their market dominance would make
it near impossible for smaller businesses to compete (economies of scale). Large
corperations could profit while small business owners would suffer; leading to a lack of