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41 votes
Explain what direct foreign investment is and. why its so important to economic growth

User Morio
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1 Answer

14 votes
14 votes

Answer:

FDI allows the transfer of technology—particularly in the form of new varieties of capital inputs—that cannot be achieved through financial investments or trade in goods and services. FDI can also promote competition in the domestic input market.

Step-by-step explanation:

User Hann
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