Low wages and low-cost land in developing countries will not attract foreign investment in manufacturing facilities if the developing countries

Question

Quizplus · Accepted Answer

While unrestricted repatriation of profits and the protection of central banks from political control may be attractive to foreign investors, they are not sufficient if the developing country lacks well-developed infrastructure. Without adequate roads, ports, and other facilities, it will be difficult and costly to transport raw materials and finished goods. Therefore, lack of infrastructure would be a significant barrier to attracting foreign investment in manufacturing facilities.

Low Wages and Low-Cost Land in Developing Countries Will Not