ADVANTAGES AND DISADVANTAGES OF TNCS
HELP RAISE LIVING STANDARDS: TNCS invest in the economies of developing countries, they help to raise wages and spread wealth globally. FDI has helpeod china to overtake UK and FRANCE to become 4th biggest economy.
TRANSFER OF TECHNOLOGY: From developed to Developing nations E.G. S.KOREAN FIRMS DAEWOO + SAMSUNG have learnt to sell their own products to foreign markets.
LITERACY IMPROVEMENT: In LEDC'S workers may be traned by TNCS that hire them.
RAISING ENVIRONMENTAL AWARENESS: Because TNC'S have a global image to uphold they cannot get away with environmental abuse from the…