Most of the less developed countries have been eager to see multinational corporations establish branch plants on their soil. What sorts of policies must less developed countries adopt to ensure...

Most of the less developed countries have been eager to see multinational corporations establish branch plants on their soil. What sorts of policies must less developed countries adopt to ensure maximum benefits for their populations from these branch plants? Would it be beneficial if the less developed countries worked out a common approach to this problem rather than competing against each other for branch plants?