ECONOMICS
ECONOMIC INSTITUTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Employment generation
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Exploitation of resources
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Introduction of technology
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Social investments in sports and charities
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Detailed explanation-1: -FDI boosts the manufacturing and services sector which results in the creation of jobs and helps to reduce unemployment rates in the country. Increased employment translates to higher incomes and equips the population with more buying powers, boosting the overall economy of a country.
Detailed explanation-2: -As foreign direct investment (FDI) contributes to economic growth and development of the host country, it also serves as a basis of employment creation in an economy. Over the past years, FDI has helped accumulate capital for developmental projects in most developing and least developed countries.
Detailed explanation-3: -FDI can foster and maintain economic growth, in both the recipient country and the country making the investment. On one hand, developing countries have encouraged FDI as a means of financing the construction of new infrastructure and the creation of jobs for their local workers.
Detailed explanation-4: -Increased Employment and Economic Growth. Human Resource Development. 3. Development of Backward Areas. Provision of Finance & Technology. Increase in Exports. Exchange Rate Stability. Stimulation of Economic Development. Improved Capital Flow. More items •12-Jun-2019