Why do gots try to attract more foreign investment?
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Governments try to attract foreign investment because it helps to create more job opportunities in a country, directly as well as indirectly in service sector. We can gain additional taxes by taxing the profits made by foreign investments.
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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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