The Challenge of Economic Development

Please use Chapter 16, mainly 16.5 of the following book as a resource Amacher, R., & Pate, J. (2019). Principles of macroeconomics (2nd ed.). Retrieved from a multinational corporation and foreign direct investment (FDI).Identify some benefits and costs for the host country from allowing a multinational corporation to locate there, despite its developing economy.Evaluate whether developmental assistance from world developmental agencies, such as the World Bank or the United Nations, would be preferable to private investment.What would you decide between developmental agency assistance or private investment, such as FDI from multinational corporations? Why? Explain.