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Some nations are concerned about the negative effects of multinational corporations (MNCs) because these entities can exert significant influence over local economies and politics, often prioritizing profit over social responsibility. MNCs may exploit lax regulations in host countries, leading to environmental degradation, labor exploitation, and reduced local business viability. Additionally, their ability to relocate easily can undermine national sovereignty and labor rights, raising fears of economic dependency. This concern is particularly acute in developing nations, where the balance of power often favors large corporations over local communities.

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2w ago

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