Question

During the 1960s, u.s. firms created just over _____ of worldwide foreign direct investment and british firms were second accounting for just over 10 percent.

Answer 1

During the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

What is meant by foreign direct investment?

Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.

Note that it it one where an investor that is known to  resident in one economy set up a lasting interest in and a  vital extent of influence over a firm that is found  in another economy.

Therefore, note that during the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

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