Some developing countries invite large foreign companies to open offices and factories in order to help their economy. However, others feel that foreign companies should be shut out and instead the government should help the local companies to contribute to the economic growth. To what extent do you agree or disagree?
It is a highly debatable issue whether multinational companies (MNCs) should be encouraged by the governments of developing countries or whether the local companies should be promoted. I firmly believe that MNCs are good for the economic growth. A number of arguments surround my opinion.