Question

Why do governments try to attract more
foreign investment?​

Answer 1

Answer:

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.

Answer 2

ʜᴇʏᴀ ᴍᴀᴛᴇ!!

ʜᴇʀᴇ ɪs ᴜʀ ᴀɴsᴡᴇʀ:-⏬⏬

ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴛʀʏ ᴛᴏ ᴀᴛᴛʀᴀᴄᴛ ᴍᴏʀᴇ ғᴏʀᴇɪɢɴ ɪɴᴠᴇsᴛᴍᴇɴᴛ ʙᴇᴄᴀᴜsᴇ

» ɪᴛ sᴛʀᴇɴɢᴛʜᴇɴs ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ ᴏғ ᴛʜᴇ ᴄᴏᴜɴᴛʀʏ

» ɪᴛ ɪɴᴄʀᴇᴀsᴇs ғᴏʀᴇɪɢɴ ᴄᴜʀʀᴇɴᴄʏ ʀᴇsᴇʀᴠᴇs sᴏ ᴛʜᴀᴛ ᴘᴀʏᴍᴇɴᴛ ᴏғ ɪᴍᴘᴏʀᴛs ᴄᴀɴ ʙᴇ ᴍᴇᴛ.

» ɪᴛ ᴇɴʜᴀɴᴄᴇs ғᴏʀᴇɪɢɴ ᴇxᴘᴏʀᴛs

» ɪᴛ ʀᴇsᴜʟᴛs ɪɴ ᴄʀᴇᴀᴛɪᴏɴ ᴏғ ᴍᴏʀᴇ ᴊᴏʙs

» ʟᴏᴄᴀʟ ᴄᴏᴍᴘᴀɴɪᴇs ᴡɪʟʟ ʙᴇ ʙᴇɴᴇғɪᴛᴛᴇᴅ ғʀᴏᴍ ᴛʜᴇ ɪɴᴄʀᴇᴀsᴇᴅ ᴄᴏᴍᴘᴇᴛɪᴛɪᴏɴ. ᴛʜᴇʏ ɪɴᴠᴇsᴛ ɪɴ ɴᴇᴡᴇʀ ᴛᴇᴄʜɴᴏʟᴏɢʏ ᴀɴᴅ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴍᴇᴛʜᴏᴅs ᴀɴᴅ ʀᴀɪsᴇ ᴛʜᴇɪʀ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴀᴄᴛɪᴠɪᴛɪᴇs.