Description
Research the possible economic advantages and disadvantages of foreign countries/companies doing business in the U. S. and employing American workers. How might foreign countries have an unfair economic advantage? How might they not have an unfair economic advantage? How may these advantages and disadvantages affect the economy in your area?
Be sure to cite your sourses in MLA format
Explanation & Answer
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Economic advantages and disadvantages of foreign countries/companies doing business in the U.
S. and employing American workers.
The advantages include stimulating economic development of the US since the
companies will invest more funds needed to improve the economy. Another advantage is the
creation of employment opportunities for American citizens. Foreign companies doing business
in the US will create new jobs which in turn raises the income and buying power of the people
hence boosting the national income and the economy (Neelankavil and Rai 50). Another
advantage is the transfer of resources by foreign countries and companies to the united states.
This will enable the U...