CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many countries are favorite destination for Foreign Direct Investment (FDI)?
A
3
B
5
C
4
D
6
Explanation: 

Detailed explanation-1: -The top three destination countries for FDI globally – Germany, the US and the UK – welcomed more than 26% of total FDI projects in 2021. The only two emerging economies that placed in the top ten for receiving inbound FDI are India and China, with combined market share of 7%.

Detailed explanation-2: -The United States takes the top ranking for the 10th consecutive year (see figure 2). Germany advances to the second position as Canada falls one position to third. Japan moves up to fourth, and the United Kingdom slips one position to fifth.

Detailed explanation-3: -The top 10 economies for FDI inflows in 2021 were the United States, China, Hong Kong (China), Singapore, Canada, Brazil, India, South Africa, Russia and Mexico.

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