And marketing electrical appliances, selling them in 75 countries

Мировая экономика

The branch (sector) structure of the TNC is diverse: most international companies (about 60 per

Cent) function in the production sphere; 37 per cent — in the service industries, and 3 per cent —

In agriculture and mining. Over the last decades there has been a clear tendency to increase investments

In high technology production and service industries.

According to expert opinion, four industrial complexes — electronics, oil refining, chemical

and automobile industries — are of the highest priority among TNCs. Total TNCs’ sales by these

Industries came to over 80 per cent.

Over the last years, foreign investments of TNCs in the developed and new industrial nations

Have been directed mostly to processing industries. The nations (countries) — capital recipients —

compete with each other for investments. The strategy is different for the poorest nations: TNCs

Invest their capital in fuel and raw materials branches of the economy and exportation of goods.

This policy is characteristic of the CIS and Russia. TNCs expand their activities in these countries.

National companies are capable of sustaining the competition with TNCs if these companies themselves

Are structured as powerful financial and industrial formations. Such formations will be able