Potential Negative Impact of Multinationals on Overseas Countries.

611 Words3 Pages
Potential negative impact of multinationals on overseas countries. Content page * Dumping * Use of unsustainable resources * Multinationals embark on working practices that would be unacceptable in their own country (e.g. poor working conditions) * Export of pollution * Sale of unsafe products to consumers 1 * Exploitation of workers * Influence foreign governments to gain concessions * Multinationals will leave host countries when wages rise * Terms of trade favour, developed countries * Environmental degradation * Protectionism favours developed countries * Commodity prices fluctuate wildly creating instability in developing countries. Bibliography- Page 2- use of unsuitable resources. Page 3- dumping sources were -Wikipedia, the learning economist. Use of unsustainable resources- is using resources that are at a shortage or cannot be maintained to be produced. Over many years there have been shortages in oil or petrol. This commodity is a natural fuel that takes thousands of years to produce and therefore this leads to high prices. As this has happened people have begun to come up with sustainable methods like bio fuels. The oil spill in the gulf of mexico. ‘The Deep water Horizon Oil Spill (aka BP Oil Spill) is turning out to be one of the worst oil disasters in history’ 11 ACTS ABOUT THE SPILL! 1. BP made a deal with the government that they would set aside $20 billion toward oil cleanup and spill victims. 2. 16,000 total miles of coastline have been affected, including the coasts of Texas, Louisiana, Mississippi, Alabama, Florida. 3. Even though the gushing well was capped in July 2010, oil is still washing up on shores, which might do long-term damages to humans affected. 4. The initial oil rig explosion killed 11 people and injured 17 others. 5. President Obama

More about Potential Negative Impact of Multinationals on Overseas Countries.

Open Document