Month: July 2024
Difference between Foreign trade and foreign investment
INFRASTRUCTURE: Construction of factories, roads, utilities. Access to global markets: Leveraging foreign networks and expertise. Increased productivity: Exposure to new management practices. Tax revenue: From foreign companies operating in the country. Disadvantages: Loss of control over domestic Resources: Potential for exploitation. Profit repatriation: Outflow of earnings to foreign investors. Environmental concerns: Unsustainable practices by some … Read more