Today there is widespread agreement that multinational corporations will have an important effect on international relations and world economy. But there is little agreement on exactly what that effect will be. There are two groups of those who see them as benevolent and those who see them as evil.
Among those who see multinational corporations as benevolent, many emphasize their importance in helping reduce the gap between rich countries and poor ones. These business giants are referred to as " engines of development " , because it is claimed that they do more to improve the economic life in less developed countries than all governmental foreign aid programs have ever done. By setting up factories abroad, they provide jobs; by equipping these factories with the latest machines and equipment, they make available the most modern technology. 41)______. In fact, they do better on their own. It may have been necessary in the mid-nineteen century for Admiral Perry to
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