To encourage inward FDI, it is increasingly common for governments to:

A. offer tax concessions to foreign firms that invest in their countries.

B. exclude foreign companies from specific industries.

C. require that local investors own a significant proportion of the equity in a joint venture.

D. impose high custom duties on foreign firms.

E. prohibit MNEs from joining a cartel.

A

Business

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Indicate whether the statement is true or false

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