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What are TNCs in developing countries?

Updated: 12/14/2022
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Q: What are TNCs in developing countries?
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How does developed countries help the developing countries?

By selling their products to developing countries.


What role do TNCs play in the global economy?

TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country


How biogas can be specially useful in developing countries?

explain how biogas can be specially useful in developing countries


Are TNC's good or bad?

TNCs are both good and bad depending on how you view it. TNCs ( Transnational Corporations) do depend on LEDCs (Less Economically Developed Countries) because it costs less to pay the workers in a LEDC then a MEDC ( More Economically Developed Countries). Although a TNC does pay about next to nothing, it provides a person from a LEDC to acquire new skills and also earn some money whilst doing this. But, whilst working for a TNC, all the profits go back to the country the TNC originated from and also anything produced from the LEDC will get imported back to the originating country meaning the LEDC gains nothing in the process. TNCs do provide the LEDC new technology they would of had access to before but the TNC may leave the country anytime if cheaper labour is found meaning sudden unemployment. TNCs usually leave a LEDC full of pollution. From that, TNCs are both good and bad depending on how one views it.


How do developing countries maintain an advantage over developing coutries in the international trade?

They maintain high tariffs on the agricultural goods that many developing countries export.

Related questions

Why are countries keen to welcome tncs to invest in their countries?

This is because countries would want part of the money earned by the TNCs . so countries would want this kinds of Big companies such as apple company to have a brunch in thier country. TNCs help in globalization so countries would be more connected to the outside world!


Why TNCs have factories in poor countries?

the labour is cheeper


What can be done to make globalisation fairer?

To make globalisation fairer TNCs need to be less greedy and work with people like their workers, consumers and government. This would help by the TNCs realising how they influence countries and different people.


What continent has most developing countries?

Africa has the most developing countries.


What percent of countries are developing?

Roughly 85% of countries worldwide are considered developing countries according to various classification systems, based on factors such as income level, human development index, and other socio-economic indicators.


How does developed countries help the developing countries?

By selling their products to developing countries.


What are some tncs?

BOOST


Are most countries in Africa developed or developing?

Sudan is a developing country.


How many developing countries are in debt?

their are 192 countries and a very large percentage are developing countries that are in debt.


Questions about multinational companies in developing countries?

What are the advantages of multinational companies to the developing countries?


What is the impact of globalization on developing countries?

Globalization helps developing countries by creating jobs, and sending money into the economy of that developing country.


What role do TNCs play in the global economy?

TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country