Despite the move toward a free market stance in recent years, many cou

QUESTION

Despite the move toward a free market stance in recent years, many countries still have a rather pragmatic stance toward FDI.

Indicate whether the statement is true or false.

ANSWER

TRUE
Despite the move toward a free market stance in recent years, many countries still have a rather pragmatic stance toward FDI. In such cases, a firm considering FDI must often negotiate the specific terms of the investment with the country’s government.