How a country go about attempting to maximize the benefits


Problem

Foreign multinational corporations (MNCs) often are the target of criticism for their alleged detrimental impact on the economic welfare of less-developed nations. Their operations in the less-developed world are often controversial and evoke strong emotional responses. In actuality, the operations of MNCs, discussed in more detail in Chapter 14 as transnational corporations (TNCs), can be either positive or negative in their consequences. List and explain

(a) two possible advantages that MNCs might provide to the lessdeveloped nations where they operate and

(b) two possible disadvantages that might result in those nations from the operations of MNCs within their borders. (In Chapter 14, we consider how a country might go about attempting to maximize the net benefits from the location of foreign MNCs within its economy; here you are being asked only to speculate about the effects of MNCs on the less-developed nations based upon your existing level of knowledge.)

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How a country go about attempting to maximize the benefits
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