Empirical studies show that countries with low standards are very successful at attracting foreign investment.

Question

Quizplus · Accepted Answer

Empirical studies generally show that countries with higher standards, particularly in terms of legal and regulatory frameworks, infrastructure, and labor skills, are more successful at attracting foreign investment. Investors often seek stable and predictable environments that ensure the safety and profitability of their investments.

Empirical Studies Show That Countries with Low Standards Are Very