The advanced industrial nations of the west committed themselved after world war II to removing barriers to the free flow of goods, services, and capital between nations. this goal was enshrined in the?

Question

Dominique Odom

Social Studies

25 March, 09:20

The advanced industrial nations of the west committed themselved after world war II to removing barriers to the free flow of goods, services, and capital between nations. this goal was enshrined in the?

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Lorenzo Arroyo · Answer 1

Foreign Direct Investment

Explanation:

Foreign direct investment refers to the investment of a firm or investor in foreign assets or individual. The percentage of share should be ten percent or more. It is a modern phenomenon and feature of an open market. After world war second, when colonization was ending in the whole world foreign direct investment was a step taken for the free flow of commerce with foreign countries. Ford's investment in India is an example of FDI.