InterviewSolution
| 1. |
Why do developed countries want developing countries to liberalize their trade and investment? What do you think should the developing countries demand in return? |
|
Answer» 1. Developed countries want developing countries to liberalise their foreign trade and foreign investment. 2. As most of the MNCs are owned by these developed countries they can expand into developing countries. 3. With huge wealths greater than the budgets of many developing countries, they can influence the power. 4. They will see the decision of polity were made in their favour. 5. Companies from developing countries may not be competing with MNCs in technology and marketing. 6. MNCs can capture the entire marketing potential of developing countries. 7. This will result in decay of the economy of indigenous developing countries. 8. They should demand proper share for their indigenous industries in marketing in their countries and in developed countries. |
|