Economics · Economy
Which of the following methods are widely adopted by developing nations to attract foreign investment?
- 1Both By relaxing labor and environmental standards and By reducing restrictions on repatriation of profits✓
- 2By removing restrictions on profit repatriation
- 3By relaxing labor and environmental regulatory standards
- 4By increasing taxes on foreign corporate earnings
Correct answer
Both By relaxing labor and environmental standards and By reducing restrictions on repatriation of profits
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