Countries should restrict foreign companies from opening offices and factories in order to protect local businesses Do you agree or disagree Give reasons and specific examples to explain your answer

Essay topics:

Countries should restrict foreign companies from opening offices and factories in order to protect local businesses. Do you agree or disagree? Give reasons and specific examples to explain your answer

One of the significant factor that determines a country's attractiveness, is the ease with which multinational companies can set-up their offices. In some parts of the world, it is a common belief that governments can safeguard local companies if they do not allow foreign organisations to establish a base there. I completely disagree with this viewpoint, since there are manifold advantages of inviting well-established, foreign companies to set-up plants, factories, and offices in a country.

The most obvious lacuna of protecting local companies from external ones is the imminent threat of becoming obsolete. Many under-developed nation's governments consider foreign companies as a direct risk to their native factories. However in reality, this support from the government becomes more of a crutch. As a result, often these local businesses go into complacency, and thus do not make efforts to improve upon their technology. Furthermore, they lose any chance of being considered a competitive nation, hence losing a substantial share of the mutual benefits accompanied by global trade. Countries like Afghanistan and Venezuela are fitting examples of such scenario. It is extremely difficult for a non-native entity to form any business there. Such policies have resulted in their economy living in a cocoon and not growing rapidly.

On the other hand, states that welcome multinational organisations in their areas, not only see a surge in their economy but also suffer less unemployment. To illustrate with an example, countries like the USA and Vietnam, by offering numerous benefits, have seen the influx of Japanese and European MNCs. Moreover, this has resulted in a number of job opportunities for the locals, and has brought about an advanced level of technology. Similarly, local companies in equivalent industries have imbibed the latest technology used by these MNCs, and have grown stronger to compete not only with the neighbouring entities but also with the world as a whole.

To conclude, I disagree that foreign companies are a threat, and attest that the local companies should work side-side-side with MNCs. Not only will this boost the economy of the region, but also make the nation an attractive place for foreign direct investment.

Votes
Average: 7.6 (8 votes)
This essay topic by users
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2020-07-12 rsh 76 view
Essays by user rsh :

Comments

Grammar and spelling errors:
Line 1, column 90, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ountrys attractiveness, is the ease with which multinational companies can set-up...
^^
Line 3, column 232, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: However,
... direct risk to their native factories. However in reality, this support from the gover...
^^^^^^^

Transition Words or Phrases used:
also, but, furthermore, hence, however, if, moreover, similarly, so, thus, well, as a result, on the other hand

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 8.0 13.1623246493 61% => OK
Auxiliary verbs: 4.0 7.85571142285 51% => OK
Conjunction : 12.0 10.4138276553 115% => OK
Relative clauses : 6.0 7.30460921844 82% => OK
Pronoun: 23.0 24.0651302605 96% => OK
Preposition: 51.0 41.998997996 121% => OK
Nominalization: 3.0 8.3376753507 36% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 1915.0 1615.20841683 119% => OK
No of words: 354.0 315.596192385 112% => OK
Chars per words: 5.40960451977 5.12529762239 106% => OK
Fourth root words length: 4.33761313653 4.20363070211 103% => OK
Word Length SD: 3.09593823272 2.80592935109 110% => OK
Unique words: 204.0 176.041082164 116% => OK
Unique words percentage: 0.576271186441 0.561755894193 103% => OK
syllable_count: 614.7 506.74238477 121% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 6.0 0.809619238477 741% => Less conjunction wanted as sentence beginning.
Preposition: 6.0 4.76152304609 126% => OK

Performance on sentences:
How many sentences: 15.0 16.0721442886 93% => OK
Sentence length: 23.0 20.2975951904 113% => OK
Sentence length SD: 62.2798701205 49.4020404114 126% => OK
Chars per sentence: 127.666666667 106.682146367 120% => OK
Words per sentence: 23.6 20.7667163134 114% => OK
Discourse Markers: 7.4 7.06120827912 105% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.178910187761 0.244688304435 73% => OK
Sentence topic coherence: 0.0585344811476 0.084324248473 69% => OK
Sentence topic coherence SD: 0.0439238972311 0.0667982634062 66% => OK
Paragraph topic coherence: 0.11050485837 0.151304729494 73% => OK
Paragraph topic coherence SD: 0.0449479859145 0.056905535591 79% => OK

Essay readability:
automated_readability_index: 15.9 13.0946893788 121% => OK
flesch_reading_ease: 39.67 50.2224549098 79% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 13.4 11.3001002004 119% => OK
coleman_liau_index: 14.39 12.4159519038 116% => OK
dale_chall_readability_score: 9.68 8.58950901804 113% => OK
difficult_words: 110.0 78.4519038076 140% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 11.2 10.1190380762 111% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?

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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.