Multinational Corporations are considered a mixed blessing to the developing countries. Do you
agree? Give four reasons in support of your answer.
Multinational Corporations are considered as mixed blessing to the developing countries because of its both positive and negative aspects.
Positive
(i) It helps in creating employment opportunities in host countries. .
(ii) It speeds up the process of economic development as it facilitates foreign direct investment.
Negative
(i) MNCs are guided by profit motive and growth prospects and disregards national priorities.
(ii) MNCs are giant in size and they enter into joint ventures with the big enterprises of host countries. It creates monopoly power in the host country.