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Guides: Trade

Last Updated: Thursday September 11 2003 10:00 GMT

What are transnational corporations?

A transnational corporation (TNC) is a huge company that does business in several countries.

Many TNCs are much richer than entire countries in the less developed world.

Such companies can provide work and enrich a country's economy - or some say they can exploit the workers with low pay and destroy the environment.

Examples of TNCs include:

  • Nestlé
  • Unilever
  • Cadbury-Schweppes
  • BP-Amoco

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