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Benefits Of Multinational Firms In Expanding Countries Economics Essay
Low economic development rates, obsolete technology, less capital, high unemployment rate and poor standard of living will be the characteristics of expanding countries. Regarding to UNCTAD (2008), these countries usually spend 3 to 4 4 % of their GDP against estimated 7 to 9% annually in infrastructure which in results into difference in current level of investments. That's where Multinational Corporations (MNC) maximizes their benefits by buying host developing countries..
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