Reference no: EM13981468

What are transnational corporations (TNCs, or multinational corporations, MNCs) and how are they different from other business firms? Why have the MNCs become more important in international political economy during the past three decades? What kind of economic and political impacts do they have upon both home and host countries? How have reactions to them changed in the last half a century? Why? Do you think more international regulation is needed for the MNCs?