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algol13
1 year ago
9

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

ting for just over 10 percent.
Business
1 answer:
s2008m [1.1K]1 year ago
6 0

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

<h3>What is meant by foreign direct investment?</h3>

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 <u>65%</u> of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

Learn more about foreign direct investment from

brainly.com/question/1125884
#SPJ1

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