An Argument in Favor of Foreign Direct Investment Is That

question 20

Multiple Choice

An argument in favor of foreign direct investment is that it tends to

• A)reduce inequality.
• B)promote rural development.
• C)increase access to modern technology.
• D)decrease local ownership.
• E)none of the above.

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Definitions:

Liability

The state of being legally responsible for something, especially in terms of debts or legal obligations.

Duty of Accounting

An agent’s obligation to keep an accurate account of the transactions of money and property made on behalf of the principal.

Agent

A representative authorized to act on behalf of another person or organization, especially in business or legal matters.

Principal

The original amount of money invested or loaned, upon which interest is calculated, or the main party involved in a transaction.