Of the following statements about foreign direct investment,which is NOT true?
A) FDI in a country brings funds and business culture from abroad.
B) Governments all over the world try to create a business-friendly environment to attract such investments.
C) FDI creates new well-paying jobs.
D) Foreign investors have little faith in high-income economies such as Canada.
E) Foreign investment flows are generally based on long-term global or country outlook.
Correct Answer:
Verified
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