Figure 22-2

-Refer to Figure 22-2. 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 22-2
 
-Refer to Figure 22-2. 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, countries were preventing a shift from a lower level of investment (E) to a higher level (B), which could have led to economic growth and development.

Figure 22-2 -Refer to Figure 22-2. Many Countries in Africa Strongly Discouraged