Question

“From the point of view of multinational corporations, least developed countries tend to be saddled with relatively more political and economic risks to doing business than developed countries”. Do you agree or disagree and why? Can protectionism in least developed countries worsen political and economic risks to doing business? The essay must be between 400 and 500 words

Answer 1

Today in the modern world of globalisation and liberalistaion industrial revolution is at boom specially in the case of big multi national companies investing prospectively in the least devloped countries because of their flexible and easy to comply trade policies and the nations want of devlopment and employment in their country , most of the big multinationals of the world are at a hunt to pardigamatically lay a foundation and a web in these countries to exploit their resources . Most of these least devloped countries whuch are chosen are therefore very rich in resources that these MNC's try to cater and target so as to exploit them fully and functionally for their own benifit which they do by joining hands with the top political leaders of these least devloped countries by tricking them with money and perks and pleasures and people of such countries are exploites socially i.e. by playing with the emotions of them and giving them false promises for employment and other benefits .

protectionism refers to the policies that are implied by the goverment of country by putting high rate of taxes on the foreign goods in  their country to promte and protect their domestic goods and industry . prootectionism in the least devloped countries can render protection to the domestic industries of a country from not entering into the dormant stage by puttung high taxes on imports of foreign goods and not worsen the political and economic risks of doing business in the country .