Social Sciences, asked by lukeahwar, 1 year ago

why do governments try to attract more foreign investment​

Answers

Answered by MrEccentric
3

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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Answered by Anonymous
1

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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