It seems like you\'re hoping that MNC will help the consumers if the government

Question

It seems like you're hoping that MNC will help the consumers if the government focuses too much on helping businesses. I do agree that MNC can help create more jobs in countries where that business may have not started at, for example when Hill mentions that Toyota helped to reduced their costs by opening a plant to manufacturer their automobiles in the United States. I think that the United States government has enough rules and regulations for other large corporations to enter our domestic market, but what about when MNC businesses enter smaller countries, where the budget of the MNC is sometimes larger than that of the country itself? According to Investopedia, MNCs can have an undue political influence over governments, can exploit developing nations as well as create job losses in their own home countries. You also can't rely on other corporations coming in and offering new jobs, because they are dependent on your countries economy as well. Do you think that for smaller countries, the government should still favor the consumers based on the example above?

Explanation / Answer

Government must understand that it is for the people, of the people and by the people, The authority of the government depends only on welfare it provides to its people.

MNC's are very much desirable in any country, They offer great deal of investment and oppurtunities.

In smaller nations with limited natural and human resources establishment of large MNC for some reason is not possible so there is no choice for the government except to rely on consumers.

Some countries have developed into international hubs despite their small size, except some exceptions like singapore small nations have no choice but to rely on its citizens.,

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