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4.1.1 Globalisation
c)Impacts of globalisation
Government
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Created by
sahara
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Cards (8)
What financial benefit can the government receive from TNCs?
Higher
taxes
from TNCs and their employees
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What is a potential downside for the government regarding TNCs and taxes?
Tax avoidance
by TNCs
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How can TNCs influence government actions?
Through
bribery
and
lobbying
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What negative consequence can arise from TNCs lobbying governments?
Corruption
in government
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How can a government maximize gains and minimize losses from TNCs?
Implement correct policies
Monitor
tax compliance
Regulate
lobbying activities
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What is one way TNCs contribute to government revenue?
By paying
taxes
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What is the relationship between TNCs and employment regarding taxes?
TNCs
pay
taxes
for
their
employees
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What can happen if the government fails to implement correct policies regarding TNCs?
They may not maximize
gains
or
minimize
losses
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