Question

According to the United Nations, the majority of changes made worldwide between 1992 and 2009 in the laws governing foreign direct investment have created a more favorable environment for FDI. A. True B. False

Answer 1

Answer: True

Explanation:

Countries across the world have woken up to the importance of Foreign Direct Investment and it's role in Development.

They have watched successful countries like China, Singapore and Japan acquire wealth through FDI and want that success.

The United Nations has noted that for this reason countries have passed laws making it easier to engage in FDI and this is very evident with the presence of huge Multinational Companies.