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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 777 |
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These impacts will benefit the country’s economy and improved the country’s economic growth.
Meanwhile, investments from MNC can generate more employments and income to the people. When people are paid wages, they spent the money and this can help to boost the economic growth and increases the standard of living...
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For example, in 1997-1998, countries of the East Asian region which faced financial problem were helped by the FDI of MNC.
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Technology Transfer and new production techniques
MNC also play another vital role where they bring in technology to the host country. Advance technology which was unattainable to developing countries can be availed when the country received FDI from MNC and the country will have rapid changes in technology and taken advantage of the growing liberalization in the national regulatory framework...
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