Question:
What Negative Impacts do TNCs bring to the Table?
Author: eric_galvaoAnswer:
-TNCs may Exploit Workers in Developing Nations by paying a Low Wage -TNCs can Force Local Firms out of Business, as the Domestic Industry can not Stand up to their Production and Prices -TNCs relocating can cause Mass Unemployment -TNCs can Withdraw Profits from one Place and put them in another with a Low Tax Rate. Tax Revenue is Missing -TNCs use their Influence onto Foreign Governments, which may be Political Corrupt -Governments may be Forced to Lower Corporation Tax to Incentives TNCs
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