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What is the failure effectiveness of multi-national companies (transnationals) in the promotion of development?
TNC FDI failure into hindering development:
• TNCs are accused of importing unsuitable technology.
• Conflict of stakeholder goals: TNCs maximise earnings, not workers society environment requirements
• TNCs shift funds to tax havens to decrease reported profits.
NGOs estimate transnationals ignore paying an evaluated $50Bn taxes yearly. Lost tax revenues mean less developed countries are less able to fund public and merit goods
• TNCs are effectively and powerful lobby governments and WTO than international trade legislation favours their interests.
Why is the growth rate and significant for development? The rate of economic development is the percentage increase within real GDP over twelve months. • The higher rate of
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In the absence of taxes, subsidies or other distortions, the market demand and supply for bags of cement would be given by Q D = 1500 - 10P and Q S = 140P, respectively, where Q
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