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countries should invite foreign companies to open their branches, offices…

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  • #8123
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    Ashley
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    Topic: Some people believe that countries should invite foreign companies to open their branches, offices and factories in order to develop economies. Others think countries should invest in their own companies instead. Discuss both views and give your own opinion.

    It is certainly true that some countries tend to do business with international companies to benefit their economies. While I agree with the viewpoint that it is advisable for countries to invite international companies to build their branches, offices or factories for economic development, others consider that government should make investments in their own companies.

    On the one hand, there are some reasons why foreign companies should be invited to build their offices in certain countries. An obvious reason is technological advantage. In fact, foreign companies bring the host countries advanced technology which takes many years for domestic companies to follow and leads to increased productivity. For example, some Japanese companies which has a reputation for the latest technological innovations in the world are frequently invited to Viet Nam to build their branches, which obviously raises the quality of production. Another reason is quality of labour. Foreign companies provide the host countries with a variety of labour which is well-educated more and owns a higher professional qualification than that in domestic companies. This certainly benefits production and enriches the economy of some countries.

    On the other hand, some people believe that governments should invest in their own companies for some reasons. One of the most important points is job opportunities for the locals. Obviously, domestic companies raise lower requirements than international companies, which local people definitely have ability to adapt to and are more likely to get a job. Another reason is knowledge of domestic market. Companies inside a country are more well-informed about shopping habits of local people than foreign companies, which facilitate them to raise struggles for responding to changes in domestic market while international ones find it hard to do it.

    In conclusion, while it is desirable for authorities to invest in their own companies, I strongly believe that international companies should be encouraged to build their branches in the host countries which owns better resources in production and makes higher economic profits than domestic ones.

  • #8803

    IELTS Veteran

    TN

  • #9422

    IELTS Veteran

    sorry, where is my essay’s correction. It’s about 10 days. Pls help to answer.

  • #9478

    IELTS Veteran

    sorry, i marked it ages ago but forgot to attach the file. this wont happen again.

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