1.

Read the following paragraph and write whether you agree with this paragraph or not. Mention why/why not. ''   At times, MNCs set up production jointly with the local companies of these countries. The local company benefits by the additional investments and the latest technology that the MNCs bring. ''

Answer»

1. According to the paragraph given, it says that the multinational companies invest for the production of goods jointly with the local companies. 

2. This additional investment is a sort of benefit for the local companies as they have access to technology. 

3. To some extent it is true. 

4. When foreign companies want to establish a new factory they bring some new technology and provide job opportunities for the local people. 

5. They utilize the local resources along with the human resource. 

6. The companies keep the local companies in their grip and gradually they lose their control on their own production. 

7. Some people say that multinational companies are helpful to local companies. 

8. It is true in the initial stage but in due course, it leads to downfall. 

9. So I don’t fully agree with this paragraph. 

10. The government should put barriers which are useful for the local companies.



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