The answer is foreign direct investment. Foreign direct investment (FDI) is an investment in a business by an investor from another country for which the foreign investor has control over the company purchased.
Answer:
International division of labour.
Explanation:
The separation of work into number of tasks is known as division of Labor.
It is important for the economic progress because it allows the people to specialise in particular tasks. The specialisation makes them more efficient and reduces the cost of total production.
International division of labour is the process that occurs when the production in not limited to national economies. According to the "old " International division of labour the underdeveloped countries were incorporated in the world economy as the supplier of agricultural commodities and minerals, It lasted till 1970's. While according to the theory of New International Division of Labour(NIDL) the manufacturing is shifting from advanced capitalist countries to developing countries.
The Warring States Period (475–221 BC) was an era of division in ancient China. After the relatively peaceful and philosophical Spring and Autumn Period, various states were at war before the Qin state conquered them all, and China was reunited under the Qin Dynasty.
Chinese Exclusion Act. The Chinese Exclusion Act of 1882 was the first significant law restricting immigration into the United States. Those on the West Coast were especially prone to attribute declining wages and economic ills on the despised Chinese workers.
