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From course:

Economics A Level (DONEEEEEEE)

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Question:

What Positive Impacts do TNCs bring to the Table?

Author: eric_galvao



Answer:

-FDI by TNCs creates new Jobs and brings New Skills and Wealth to an Economy -TNCs can buy Local Goods and Services, meaning Inflows of Local Currency. Suppliers to the TNC may be able to Expand to that TNC in different Parts of the World -TNCs benefit from Econ of Scale, making them more Efficient and help lower Prices -TNCs can raise Living Standards by providing Employment


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