MNCs can boost economic development by transferring technology and knowledge to local economies. ? Economic Growth: The large MNCs that crop up in the developing country is all together a benefit for the country. The provision of employment created due to MNCs reduces the unemployment rate. The tax earned by the government from these MNCs produce a large sum of money that can be invested by the government in the economic development of the country...
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The tax earned by the government from these MNCs produce a large sum of money that can be invested by the government in the economic development of the country. Moreover, the direct flow of foreign currency into the country creates opportunities for massive subsidiary investment in the developing country...
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