What are the effect of multinational corporations in the Philippine economy

Social Studies

1 answer:

Shkiper50 [21]3 years ago

6 0

Answer:

The multinational corporation in the Philippines are doing well and sometime more good than the other Asian countries.

Explanation:

Philippines is a country in the southeast Asia. It is a developing country. Lately, many of the foreign companies and multinational corporations are investing in Philippines and it extremely boosting the economy of Philippines.

Many multinational companies are being set up in Philippines and it is helping Philippines to rise its economy. The employment rate of Philippines is also increasing as new companies are establishing in Philippines and bring out new job opportunities in the country.

This has also lead to better management skills of the people of Philippines as the people are trained to work in the corporate.

Their GDP is also increasing. Thus Philippines is performing far better than their other neighboring countries in the South east Asia.

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