economic effects on developing countries and of existing
internationally recognized standards. [15] The activities of
multinational enterprises, through international trade and
investment, have strengthened and deepened the ties that
join the countries and regions of the world. These
activities bring substantial benefits to home and host
countries. These benefits accrue when multinational
enterprises supply the products and services that
consumers want to buy at competitive prices and when
they provide fair returns to suppliers of capital. Their
trade and investment activities contribute to the efficient
use of capital, technology and human and natural
resources. They facilitate the transfer of technology
among the regions of the world and the development of
technologies that reflect local conditions. Through both
formal training and on-the-job learning enterprises also
promote the development of human capital and creating
employment opportunities in host countries