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Economists believe multinational corporations (MNCs) bring several advantages to less developed countries (LDCs). First, they contribute to economic growth by investing in local industries and infrastructure, which can create jobs and stimulate local economies. Second, MNCs often introduce advanced technology and managerial expertise, enhancing productivity and innovation within the host country. Lastly, they can improve the balance of payments by increasing exports and attracting foreign direct investment, ultimately benefiting the overall economic development of LDCs.

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Why are Multinational corporations getting involved in corporate social responsibility?

Because the world has become flat and every person has an opportunity to see what a company is doing for the countrys their in. Companies want people to believe that they care and companies are usually then more accepted when moving into a new market.


Why are the mercantists suspicious of multinational co-operations?

Mercantilists are suspicious of multinational corporations because they prioritize national interests and economic self-sufficiency. They believe that these corporations can undermine local industries and economies by prioritizing profits over national welfare, leading to job losses and capital outflows. Additionally, the global reach of multinationals can diminish a nation's ability to regulate its economy effectively, resulting in a loss of sovereignty and control over vital resources. Overall, mercantilists view multinationals as potentially harmful to the economic stability and security of the nation-state.


Do most economists believe that money neutrality has a significant impact on the economy?

Most economists believe that money neutrality, the idea that changes in the money supply do not affect real variables like output and employment in the long run, has a significant impact on the economy.


Some economists believe fiscal policy and monetary policy do not work very well.?

True


What do economists look at to measure a nation's overall performance in the global economy?

i believe its balance of trade

Related Questions

What sociological perspective would be most likely to suggest that multinational corporations exploit local workers to maximize profits?

The conflict theory perspective would be most likely to suggest that multinational corporations exploit local workers to maximize profits. Conflict theorists believe that society is characterized by struggle for power and resources, and that powerful entities, such as corporations, take advantage of weaker groups, like workers, to further their own interests.


What do most economists believe about the future of the business cycles?

Most economists believe the future of business cycles will continue to ebb and flow. They believe business cycles will continue to drive the economy.


Why are Multinational corporations getting involved in corporate social responsibility?

Because the world has become flat and every person has an opportunity to see what a company is doing for the countrys their in. Companies want people to believe that they care and companies are usually then more accepted when moving into a new market.


What do the Keynesians believe about the private sector?

As noted above, it is the so-called Keynesian economists who believe that the private sector is inherently unstable.


Do most economists believe that money neutrality has a significant impact on the economy?

Most economists believe that money neutrality, the idea that changes in the money supply do not affect real variables like output and employment in the long run, has a significant impact on the economy.


Some economists believe fiscal policy and monetary policy do not work very well.?

True


What do economists look at to measure a nation's overall performance in the global economy?

i believe its balance of trade


Modernization theorists see large corporations as?

Modernization theorists feel that multinational corporations help to raise and improve living standards in poor nations by offering them tax revenues, new jobs, and advanced technology that combined accelerate economic growth (Firebaugh & Sandu, 1998)Large corporations unleash their productive power of capitalism in order to speed development in poor nations. (Berger, 1986)


How can a closely held company go public?

I do not believe it can. Private corporations can co go public but closely held corporations may not.


Who do Most economists believe that the main credit for bringing inflation under control in the early 1980s belongs to?

Congress


After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?

wait for the economy to achieve equilibrium


What are Kenyan safari holiday advantages?

I believe the advantages would be the wildlife.