Question

What is the advantage of foreign direct investment? Multiple Choice Helps in retaining advantage over competition All of the above Creates a company tailored to a foreign market's unique characteristics Reduces transportation costs

Answer 1

Answer:

All of the above.

Explanation:

A foreign direct investment can be defined as an investment made by an organization or an individual. It involves investing into a business that is situated in a different country.

The benefits of foreign direct investments include:

- It creates new jobs because the individuals or organizations involved tend to build new companies in their new location.

- Foreign direct investments enables the transfer of resources and knowledge between countries.

- Foreign direct investments can also boost the country economic development.