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Which industrialization strategy involves the transfer of technology from developed countries to developing countries?
  • a)
    Import substitution.
  • b)
    Export-oriented industrialization.
  • c)
    Foreign direct investment.
  • d)
    Technology licensing.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which industrialization strategy involves the transfer of technology f...
Foreign direct investment (FDI) involves the transfer of technology from developed countries to developing countries. Foreign companies establish operations in the host country, bringing in new technologies, knowledge, and expertise.
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Which industrialization strategy involves the transfer of technology from developed countries to developing countries?a)Import substitution.b)Export-oriented industrialization.c)Foreign direct investment.d)Technology licensing.Correct answer is option 'C'. Can you explain this answer?
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