Give an Example from the Text of How Multinational Corporations

question 4

Essay

Give an example from the text of how multinational corporations that exploit the natural resources of a developing society have maximized their profits but not enhanced the local economy in the long term.

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Definitions:

Specialized-sector Funds

Specialized-sector Funds focus investments on specific sectors of the economy, such as technology, healthcare, or finance, aiming for higher returns from these niche areas.

Precious Metals

Metallic elements of high economic value, such as gold, silver, and platinum, often used as investment or for industrial purposes.

NAV

Net Asset Value, representing the per-share/unit price of a fund on a specific date or time, calculated by deducting liabilities from assets and dividing by the number of shares outstanding.

Load

A fee or charge assessed when buying or selling shares in a mutual fund, which can be front-end (when buying) or back-end (when selling).