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Advantages
- The presence of TNC's in country improves roads, airports and services.
- TNC's invest in the economies of developing countries and can help raise living standards.
- TNC's seem to be central to economic growth in today's world
- TNC's have brought political stability to countries eg. China
- TNC's offer consumers a large degree of consumer choice and can improve standard of living
- TNC's have allowed consumers in developing coutries to buy consumer goods taht they would have never been able to buy in the past
- Even though pay is low, TNC's still employ people and therefore lower unemployment rate.
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Disadvantages
- TNC's exploit cheap labour. as a result are paid badly
- Profits don't generally remain within the country in which the goods are manufactured
- TNC's may move their operations out of the country at any point in search of cheaper production and lower wages elsewhere
- Because they are transnational, TNC's can avoid paying full taxes in the countries where they operate
- TNC's are responsible for a growing global wealth divide by choosing to invest in certain regions
- TNC's are responsible for massive environmental degradation
- The products of TNC's are consumed in almost every country on earth. This destroys tastes and cultures
- In the factories, unions are banned, health and safety is poor and wages are low
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