Radical writers argue that
A)a multinational enterprise (MNE)is an instrument of economic development rather than economic domination.
B)MNEs are more beneficial to host countries than to their home countries.
C)important jobs in the foreign subsidiaries of MNEs go to host-country nationals rather than to citizens of the home country.
D)FDI by the MNEs of advanced capitalist nations keeps the less developed countries of the world relatively backward.
E)MNEs exploit their home countries for the exclusive benefit of their host countries.

Question

Quizplus · Accepted Answer

Radical writers believe that FDI by MNEs of advanced capitalist nations keeps the less developed countries of the world backward, rather than promoting economic development. They argue that MNEs prioritize maximizing profits and exploiting the resources and labor of host countries rather than contributing to their development.

Radical Writers Argue That