Th4.5: Ability to Control Global Companies Flashcards
1
Q
What is hard about TNCs?
A
difficult for individual governments to control
2
Q
Why are solutions to taxation extremely difficult?
A
they require worldwide agreement
3
Q
However, any solution which would benefit a country like the UK would lead to…
A
great losses for countries like Bahamas, Ireland and Luxembourg
4
Q
There is also division between countries. What does this allow?
A
allows TNCs are able to prevent any agreement they do not like through immense lobbying
5
Q
Any solutions are also…
A
time consuming and costly
