why do government try to attract more foreign investment?
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Answer:
The government try to attract more foreign investment for the following reasons: foreign investments create new job opportunities in the country. ... thegovernment's get revenue when it taxes on profits of foreign firms or gets royalties from concession agreements.
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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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