The pragmatic nationalist view is that
A)FDI benefits only the host country.
B)FDI does not make any positive contribution to the host economy.
C)every country should adopt the free market view.
D)FDI should not be allowed by any country as it is an instrument of economic domination rather than economic development.
E)FDI has both benefits and costs.

Question

Quizplus · Accepted Answer

The pragmatic nationalist view recognizes that FDI has both benefits and costs for the host country, and therefore a nuanced approach is needed to carefully evaluate FDI on a case-by-case basis. This view acknowledges that FDI can bring in new technology, create employment opportunities, and stimulate economic growth, but it also raises concerns about potential negative effects like exploitation of natural resources, erosion of domestic industries, and transfer pricing. Therefore, the pragmatic nationalist view emphasizes the need for a balanced approach that maximizes the benefits of FDI while minimizing its costs.

The Pragmatic Nationalist View Is That