Until Recently, Many Developing Countries

question 228

Multiple Choice

Until recently, many developing countries

• A)were quite open to foreign investment.
• B)encouraged foreign direct investment but discouraged foreign portfolio investment.
• C)sealed themselves off from foreign investment.
• D)encouraged foreign portfolio investment but discouraged foreign direct investment.
• E)allowed their citizens to freely invest in other countries.

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Definitions:

Bidding Process

The procedure by which companies submit proposals or bids to win contracts, often used for projects, procurement, or services.

Project Champion

A person who passionately supports, promotes, and ensures the success of a project, often from a position of influence within the organization.

Long Lead Items

Materials, equipment, or components that have a long delivery time, potentially impacting the project schedule.

Equipment

The necessary items for a particular purpose, often referring to tools or machinery needed for an operation or activity.