Question

The strategies and policies employed by any government

will determine its economic success. Recommend three policy
decision that will make a country attractive to a multinational
corporation.

Answer 1

To attract multinational corporations, governments can invest in infrastructure, provide tax incentives, and create a favorable business environment.

Step-by-step explanation:

When it comes to attracting multinational corporations, governments can employ several strategies and policies to make their country attractive. Here are three policy decisions that can make a country appealing to a multinational corporation:

1. Investing in infrastructure: Developing and maintaining infrastructure such as roads, ports, and utilities is essential for multinational corporations. A well-built infrastructure allows companies to easily transport goods and services, reducing logistical costs and improving efficiency.
2. Providing tax incentives: Governments can offer tax incentives such as lower corporate tax rates or tax breaks to attract multinational corporations. These incentives can encourage companies to set up operations in the country, boosting economic activity and attracting foreign investment.
3. Ensuring a favorable business environment: Governments can create a business-friendly environment by implementing transparent and efficient regulatory frameworks, protecting intellectual property rights, and reducing bureaucracy. Such measures can help companies operate smoothly and confidently in a country.