Economy, asked by Bilalgreat, 1 year ago

why do government try to attract more foreign investment?​

Answers

Answered by queen391
7

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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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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