Question 25 of 29
Q.State the objectives of Foreign Direct Investment.
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2024Subjective· 3mImportance★★★★★
86% · 25/29 Questions
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Start your 14-day free trial to unlock the full solution →FDI aims to bring foreign capital, technology and management into a country to raise production, employment, exports and overall economic growth.
In the Tamil Nadu HSC Commerce syllabus (International Economics), the objectives of Foreign Direct Investment are:
- To supplement domestic savings and bring in long-term foreign capital for investment.
- To bring in advanced technology, technical know-how and modern management practices.
- To increase production, productivity and the quality of goods.
- To create employment opportunities in the host country.
- To promote exports and earn foreign exchange, and to give access to global markets. …
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