Christine villarino bsed fil 1-2

Assignment:

1. Do you think that the Philippines is harmed as other

countries transfer their activities to us through outsourcing?

In actuality, the Philippines benefits from it. Reappropriation

by a certain organization in another nation usually has a
greater negative impact locally than in some other foreign
nations. Moreover, the reappropriation of organizations by
the Philippines implies that the exhibition of organizations—
which includes reclaiming what is properly theirs—benefits
Filipinos. The Philippines gains from it as a result.

2. In what ways di international organizations help or country’s

economy?

By bringing in capital and establishing research and

development facilities, international organizations support
the economy of our nation. Not only do multinational
corporations contribute money to a nation, but they also
bring cutting edge technology. Owing to their immobility,
foreign companies use local workers to create their products,
giving them the opportunity to acquire cutting-edge
technology and modify them for our nation. This leads to a
large labor pool of skilled workers in our economy.
Additionally, they raise the living standards of the populace
and introduce high-quality goods.
3. Does the position of rich countries as giants in the economic
chain threaten the status of less developed countries in the
global market?

Does the economic influence of wealthy nations on less

developed ones present a threat? Both yes and no. Rich
countries help small countries because they spare them from
having to finance riskier development initiatives like
technology breakthroughs. Smaller nations profit from larger
ones by exporting goods and services to a huge consumer
base in these larger nations, which in turn boosts the
economy of these smaller nations. However, small nations
face additional risks from exploitation and hardship. Higher
wages for high-quality items and highly skilled workers will
result from strong demand for these workers; conversely,
lower wages for low-skilled workers may result from a
decline in the demand for these workers. Both at the national
and international market levels, this leads to inequality.
Furthermore, the presence of inexpensive labor in these tiny
countries raises the possibility of exploitation.