Th4.3: IS - Promoting Joint Ventures with Global Companies Flashcards

1
Q

What would setting up a joint venture do?

A

reduce the exploitation of countries as a result of FDI

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2
Q

Why might the government insist firms setting up production plants find a local partner to create a jointly owned company with?

A

to keep some of the profits generated within the country, which can be used in investment

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