The opposing argument - It has often been suggested that multinational companies harm emerging economies because they exploit local workers. , The reasons why people may believe this. - They believe that these companies earn enormous profits while paying poor workers extremely low wages., My main idea in my topic sentence (including the rebuttal) - While in some cases, this may be true, this argument has not considered that business costs and profits can be complex and that poor countries can largely benefit from multinational companies, Support/evidence: Cost of goods is higher - For every jacket that sells, there may be nine that do not. So the effective price of the sold jacket should be multiplied by ten (Bhagwati, 2020)., Support/evidence: Profits are not as high as people think - A recent study of the profit performance of 214 companies in the 1999 Fortune Global 500 showed a mere 8.3 percent profit (Bhagwati, 2020)., Support/evidence: Wages are higher than the rate of pay for many other jobs - Empirical studies from Bangladesh, Mexico, Shanghai, Indonesia, and Vietnam find that multinationals actually pay what economists call a “wage premium” which exceed the local rates of pay (Bhagwati, 2020).,
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