The Concept of Local Participation Refers To

question 27

Multiple Choice

The concept of local participation refers to:

• A) a portion of the employees of the business in the host country will be nationals of the home country.
• B) employees of the business contribute a certain number of hours to community service.
• C) a portion of the business must be owned by nationals of the host country.
• D) the host country retains mineral rights.

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Definitions:

Federalists

A political group in early U.S. history that advocated for a strong federal government and the ratification of the United States Constitution.

Economic Program

A coordinated set of policies and plans developed by a government or organization aimed at achieving specific financial and economic objectives, such as stimulating growth, reducing unemployment, or controlling inflation.

Democratic Self-Rule

The principle or practice by which a community governs itself through democratic means, allowing individuals within the community to participate directly or indirectly in decision-making processes.

Economic Plan

A strategic outline designed to achieve certain financial and economic goals within a specific timeframe.