TNC: general info Flashcards

1
Q

TNCs are responsible for employing over………..people worldwide

A

40 million

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2
Q

TNCs control over……….% of global trade

A

75%

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3
Q

leakage is when

A

profits made by the company are taken out of the country to the country of origin and so do not benefit the host country

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4
Q

economies of scale:

A

when costs are saved due to huge size of a company and its ability to reduce costs through increased production

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