Which View of Fdi Traces Its Roots to Marxist Political
Which view of FDI traces its roots to Marxist political and economic theory?
Radical writers argue that
A)a multinational enterprise (MNE)is an instrument of economic development rather than economic domination.
B)MNEs are more beneficial to host countries than to their home countries.
C)important jobs in the foreign subsidiaries of MNEs go to host-country nationals rather than to citizens of the home country.
D)FDI by the MNEs of advanced capitalist nations keeps the less developed countries of the world relatively backward.
E)MNEs exploit their home countries for the exclusive benefit of their host countries.
According to the radical view of FDI,multinational enterprises (MNEs)that already exist in a country should be
B)made to pay higher taxes.
C)converted into publicly traded companies.
D)banned from obtaining finance from the financial institutions in the host country.
Which of the following is a reason for the decline in the popularity of the radical view of FDI?
A)rise of communism in Eastern Europe
B)generally steady economic growth of those countries that embraced the radical position
C)growing belief in many countries that FDI leads to loss of jobs
D)strong economic performance of those developing countries that embraced capitalism
E)collapse of capitalism in the newly independent nations of Asia