You can employ local workers and stimulate the local economy - the owners of capital still extract profits and take them back home. All else being equal, a loca

You can employ local workers and stimulate the local economy - the owners of capital still extract profits and take them back home. All else being equal, a locally-owned business is better for the local economy than a foreign-owned business - which is not to say that foreign investment is a bad thing when it brings in more capital.