Which of the following is a reason for the decline in the popularity of the radical view of FDI?
A)The rise of communism in Eastern Europe
B)The generally steady economic growth of those countries that embraced the radical position
C)The growing belief in many countries that FDI leads to loss of jobs
D)The strong economic performance of those developing countries that embraced capitalism
E)The collapse of capitalism in the newly independent nations of Asia

Question

Quizplus · Accepted Answer

By the end of the 1980s, the radical position was in retreat almost everywhere due to: (1) the collapse of communism in Eastern Europe; (2) the generally abysmal economic performance of those countries that embraced the radical position, and their growing belief that FDI can stimulate economic growth; and (3) the strong economic performance of those developing countries that embraced capitalism.

Which of the Following Is a Reason for the Decline