user from brainly.ph in the philippines
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The correct answer to this open question is the following.
Although there are no options attached we can say the following.
Do the economic benefits of free trade outweigh the social costs?
Not really, and it all depends on the perspective.
From the big companies and industrial side, free trade has been a success. Free trade has allowed thousands of companies to export their goods with cero import tariffs, benefiting the income. It has allowed multinational companies to go abroad and establishing branches in different parts of the world, basically in underdeveloped nations.
Once there, they paid very low salaries, much less than what they should have paid in their former countries, That is a reason why they moved to underdeveloped countries. So cheap labor is one reason. And other these multinational companies freely exploit the many raw materials and natural resources of that underdeveloped country.
Meanwhile, free trade makes rich people and corporations richer, and poor countries and poor people continue to be as poor as they have always been. No serious progress at all,
Answer:
C. industrial oil-drilling equipment
Explanation:
Capital investment here refers to the acquisition of permanent fixed assets like property, plant and equipment by Nigeria.
Nigeria is a country that is blessed with crude oil as one of its resources and this is the major source of wealth of the nation.
With this in mind, an industrial oil-drilling equipment is going to be a huge capital investment for the country and would be of huge benefits to the nation
They must assume that the are not that good in the business industry