Countries such as the United States, the United Kingdom, France, Germa

QUESTION

Countries such as the United States, the United Kingdom, France, Germany, the Netherlands, and Japan dominate in the share of total global stock of FDI and FDI outflows and in rankings of the world’s largest multinationals because they:

A. were the most developed countries postwar and home to the largest and best capitalized enterprises.

B. pursued a policy of blocking or restricting FDI inflow into their own economies.

C. provided subsidies for their domestic firms to protect them from foreign competition.

D. control much of the operating structure of the WTO which governs international trade.

E. were the governing body of the International Monetary Fund.

ANSWER

A