Which of the following is a common argument against allowing a foreign firm to operate a business in a developing country?
A) The foreign firm may gain control over national resources.
B) Foreign productive expertise may outdistance domestic labor skills.
C) The foreign firm may reduce domestic competition.
D) Technology may be transferred from industrial countries to the developing countries.
E) The foreign firm may reduce dependency on domestic imports.

Question

Quizplus · Accepted Answer

This argument suggests that the foreign firm may have access to and control over the natural resources of the developing country, potentially leading to exploitation and less favorable terms for the country.

Which of the Following Is a Common Argument Against Allowing