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How would Multi National Companies benefit the country and its people?

Zach Chandler

in Student Loans

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Curtis Rhodes on October 12, 2018

Multinational corporations can have a powerful influence in local economies, and even the world economy, and play an important role in international relations and globalization. The national and local governments often compete with each other to attract the MULTINATIONALS and the facilities, with the expectation of increased tax revenue, employment, economic activity, and therefore, Mncs are likely to adapt production processes in many of their operations to conform to the standards of the most rigorous jurisdiction in which they operate, depending on the nature of the MNC, investment in any country reflects a desire for a medium - long term return, as the establishment of the plant, training of workers, etc, can be expensive.

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