Foreign Investment Can Give a Low-Income Country

question 133

Multiple Choice

Foreign investment can give a low-income country

• A)access to funds for investment and access to technology.
• B)the means to slow down growth.
• C)a path to dependency and low growth.
• D)no hope to break the vicious cycle of poverty.
• E)decreased opportunities to engage in specialization and trade.

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Definitions:

Globalization

is the process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence.

Philip Morris

A leading international tobacco company known for manufacturing and selling cigarettes and other nicotine-containing products.

Politics

The activities, actions, and policies used to gain and hold power in government or to influence government.

Economics

A social science focused on the production, distribution, and consumption of goods and services, and the analysis of the choices made by individuals and groups.