obviously the advantages are financial. the disadvantages would be pollution to there environment.
then advantages is that they simply exploit the third world countries
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Strengths of Rostow's theory of production
What are the advantages of multinational companies to the developing countries?
then advantages is that they simply exploit the third world countries
Developing countries have the ability to set their own paths. They can choose to offer cheap labor in order to strengthen their economy.
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The developing countries that have open trade policies become more successful than those, such as Africa, that have barriers to global trade. Also, relying on exporting traditional goods and not encouraging invention and innovation hinders economic growth of developing countries.
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Cheap materials and manufacture techniques can cause immediate issues such as allergic skin reactions and other conditions. Recently cheap production facilities have caused major death and destruction in developing countries.
Both countries have excellent weapons, both have advantages and disadvantages of their own.
It is the main sector in developing countries, as it provides the most employment and is the beginning of the production process.