Edzy
Single Answer MCQ
Q-00045560

How does foreign investment benefit the host country?

1

It leads to increased unemployment

2

It helps in the development of local industries

3

It makes goods more expensive

4

It reduces the number of foreign products

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. It helps in the development of local industries

Solution:

Foreign investment benefits the host country by helping in the development of local industries, creating jobs, and boosting the economy.

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