An LDC can experience economic development at virtually zero opportunity cost by

Question

Quizplus · Accepted Answer

Bringing in foreign direct investment (FDI) can lead to economic development with virtually zero opportunity cost for a less developed country (LDC) because it involves the injection of foreign capital and possibly technology and expertise into the country without necessarily sacrificing its own resources or current production of goods and services.

An LDC Can Experience Economic Development at Virtually Zero Opportunity