Social Sciences, asked by ngk007, 1 year ago

why did government want to attract foreign investment​

Answers

Answered by lakshaykr
0

to earn foreign exchange money and get latest technology from the mncs

Answered by MrEccentric
1

Question: Why do governments try to attract more foreign Investments?

Answer: Governments try to attract more foreign investments for the following reasons:

It provides the necessary capital for undertaking economic activities, which would in turn boost the GDP growth...

It leads to increased employment opportunities...

It provides the required tax income for the government...

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