How might the growth of foreign direct investment (FDI)produce a level of social homogeneity?
A)Countries adopt similar institutions to facilitate economic activity.
B)FDI decreases economic interdependence.
C)FDI leads countries to subsidize their domestic industries.
D)FDI is a primary agent of protectionism.

Question

Quizplus · Accepted Answer

Countries adopting similar institutions to facilitate economic activity can lead to a level of social homogeneity because these institutions often embody certain cultural, legal, and business practices that become more uniform across borders as FDI grows. This can result in shared norms and standards among countries receiving FDI.

How Might the Growth of Foreign Direct Investment (FDI)produce a Level