Pros/cons of the role of the 'foreign' MNCs doing business in the US.

Social Sciences
Author Name
University Name
In the United States of America, multinational corporations get plenty of benefits in terms of huge revenues, increased sales, better manpower and others. That is why various brands choose to establish their head-offices in America rather than any other country (Burman & Slemrod, 2013, p. 65). By doing business in the United States, these organizations help local companies meet their targets, pave their way toward success and prosperity, and contribute to the economy of the country. Multinational corporations are capable of improving the world’s standards of living. Every year, they pour billions of dollars into research and development projects, playing a vital role in the progress of the United States (Burman & Slemrod, 2013).
When it comes to talking about the disadvantages of multinational corporations doing business in the United States, we should observe that they unfavorably dominate the local market. For example, some multinational food stores might be given more preference by people than the local food stores. As a result, the survival of local brands becomes impossible, causing less diversity...