Asked by Kelvyn almanzar on May 27, 2024

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Multinational corporations are often criticized at home for diverting labour-intensive jobs from the domestic labour force to foreign labour markets, diverting capital investments away from the domestic market, and encouraging corrupt practices in their foreign subsidiaries.

Multinational Corporations

Large companies that operate in several countries around the world, often having a centralized head office where they coordinate global management.

Labour-intensive Jobs

Jobs that require a high level of human labor to produce goods or services, as opposed to automation or machinery.

  • Identify the obstacles and critiques encountered by multinational corporations (MNCs) in host nations.
  • Comprehend the advantages and possible disadvantages of interactions between host nations and multinational corporations.
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Victor VargasMay 31, 2024
Final Answer :
True
Explanation :
Multinational corporations have been criticized for these reasons, as they focus on maximizing profits and may prioritize their foreign operations over the domestic market. However, it should be noted that they also bring in foreign investment, create jobs in foreign markets, and may contribute to technology transfer and skill development in local communities.