Multinational Corporations

Question 1: As Multinational Corporations (MNCs) have fuck off a growing force in world portion out they have attracted supporters and critics. Briefly discuss the arguments put forward by both sides. Explain how the WTO Organisation assists in managing world hand.

Advantages and disadvantages of MNCs: Advantages: MNCs impact on host res publica: detonating device Formation (money which comes into the country) Technology transfer Regional and sectoral development Internal Competition and Entrepreneurship social Effect on Balance of Payment Increased Employment Offering a wider product range Disadvantages: MNCs impact on host country: Industrial dominance (keep buying the other companies) Exploitation of gross materials and cheap labour Bribery and corruption Interference in political matters technical dependence Disturbance of economic plans of the country Cultural change, change of lifestyle Interference by home government through MNC Degree of government dominate may be less than intended The home country aspect: Improves Gross Domestic Product via repatriation of profits, royalties and fees Increases export opportunities Political advantages railway line losses Net effect on imports & exports Creating competitors WTO: Main goals: To promote trade flows by encouraging nations to adopt non-discriminatory predictable trade policies. To edit out remaining trade barriers through multilateral negotiations To establish dispassionate procedures for resolving trade disputes between members. To encourage Free trade Promoting sporting competition Encouraging development and economic reform Trade without discrimination Predictability through screen and transparency Different Agreements: General Agreement on Trade in Services (GATT) Agreement on Trade Related Aspects of mental Property Rights (TRIPS) Trade Related Investment Measures (TRIMS)... If you want to seduce a full essay, order it on our website: Ordercustompaper.com

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