Question 30
[Maximum number: 1]
Which criticism of foreign direct investment (FDI) is least valid?
A
It encourages competition, reduces prices and forces the less efficient domestic firms to leave the market.
B
It brings workers from its own country and provides only low paying jobs to low skilled local workers.
C
It is usually withdrawn quickly in case of a global crisis, making developing countries more vulnerable to global shocks.
D
Its actions often result in environmental degradation, and over exploitation of natural resources.