Figure 22-4
-Refer to Figure 22-4. Many countries in Africa strongly discouraged and prohibited foreign direct investment in the 1950s and 1960s. By doing so, these countries were essentially preventing a moment from

Question

Figure 22-4 
-Refer to Figure 22-4. Many countries in Africa strongly discouraged and prohibited foreign direct investment in the 1950s and 1960s. By doing so, these countries were essentially preventing a moment from

Quizplus · Accepted Answer

By discouraging foreign direct investment, these countries were preventing a shift from a lower level of economic development (E) to a higher level (B), where foreign investment could have contributed to economic growth and development.

Figure 22-4 -Refer to Figure 22-4. Many Countries in Africa Strongly Discouraged