Question

what is the meaning of foreign investment?
and what is the need to attract foreign investment?

Answer 1

The mncs invest money to buy assets such as buildings lands etc.... Is called foreign investment.

Answer 2

Heya

Here is your answer

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What is the meaning of foreign investment?

 The money that is spent to buy assets such as land, building, machines and other  equipment is called investment.

 Investment made by MNCs is called foreign investment.

What is the need  for foreign investment?

 It helps in sustaining a high level of investment.

 It fills up the technology and management gap.

 It ensures most efficient use of capital.

 It helps in development of basic economic infrastructure.

 It minimizes balance of payment problem

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