A country that has the pragmatic nationalism view would agree that foreign direct investment should be allowed as long as
A) both home and host country benefit.
B) it takes place within a planned economy.
C) the benefits outweigh the costs.
D) location-specific advantages are available.
E) there is evidence of a comparative advantage.

Question

Quizplus · Accepted Answer

Pragmatic nationalism suggests that foreign direct investment should be allowed if the benefits, such as economic growth and job creation, outweigh the costs, such as loss of control over domestic industries.

A Country That Has the Pragmatic Nationalism View Would Agree