Which of the following is NOT true?
A) Foreign investment in India has tended to concentrate upon industries for the domestic market and has thus not facilitated export promotion.
B) Foreign investment in India is about equal to foreign investment in China and Brazil, two other BRIC countries.
C) Financially, India is not as integrated into the global economy as are countries in East Asia and Latin America that has allowed the country to suffer less during global financial crises.
D) Foreign portfolio investment in India has buoyed the country's stock market but has also increased its volatility.
E) India has become a prime call center.
Correct Answer:
Verified
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