The Expanding Importance of Foreign-Owned Firms in Local Economies Has

question 36

Short Answer

The expanding importance of foreign-owned firms in local economies has been viewed by a number of governments as a threat to their autonomy.However,there has been a marked _______ of government policies and attitudes toward foreign investment in both developed and developing nations in recent years.

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Definitions:

Personal Relationships

Interpersonal affiliations or associations formed between two or more individuals based on affection, trust, cooperation, or other social bonds.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist known for his theory of moral development, which suggests that moral reasoning develops in six stages.

Self-Interest

Acting based on the benefits one can derive for themselves, often considered in economic and psychological contexts as a primary motivator for human behavior.