GLOBALIZATION 4 local firms out of business It is likely to contribute to the

Globalization 4 local firms out of business it is

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GLOBALIZATION 4 local firms out of business. It is likely to contribute to the exploitation of the forces of the workers since they ignore rules and also regulate treaty unfairly. Foreign direct investment It is the investment that is made by either individual or a company in one country in business interest in another state of interest by establishing business operations or acquiring the assets of the business in the other countries like controlling interest in foreign country or ownership. It is usually investment made which creates effective control of the substantial influence. Foreign direct investment has improved the manufacturing sector in our economy through innovation and producing valuable goods. It has also provided readily available jobs across the word. It has enabled circulation of money and expanded the market sector.
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GLOBALIZATION 5 References Maok, K. (2001). Developed Nations And The Economic Impact Of Globalization . Theodore, M. (2011). Foreign Direct Investment And Development . New York, NY: Columbia University Press.
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GLOBALIZATION 6 References Maok, K. (2001) Developed Nations And The Economic Impact Of Globalization Theodore,M. (2011) Foreign Direct Investment And Development. New York, NY: Columbia University Press
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