People with radical view toward FDI argue that _____ is an instrument of imperialist domination.
A) privatization
B) a multinational enterprise
C) nationalization
D) a publicly traded company
E) outsourcing

Question

Quizplus · Accepted Answer

People who have a radical view towards foreign direct investment (FDI) argue that a multinational enterprise (MNE) is an instrument of imperialist domination. They believe that MNEs exploit and dominate developing countries by transferring profits, technology, and expertise back to the developed home country, resulting in unequal power relations and economic dependency. This view is supported by dependency theory, which argues that FDI perpetuates the underdevelopment of poor countries by reinforcing their status as suppliers of raw materials and low-cost labor.

People with Radical View Toward FDI Argue That _____ Is