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Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?
- a)Low wage rates
- b)Political stability
- c)Availability of commodities
- d)High labor productivity and skills
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
Which factor significantly influences FDI in industries that require h...
High labor productivity and skills
- In industries that require higher skilled labor, such as pharmaceuticals and electronics, the factor that significantly influences foreign direct investment (FDI) is high labor productivity and skills.
- Foreign investors are attracted to countries that have a skilled workforce capable of producing high-quality products and maintaining efficient production processes.
- High labor productivity and skills ensure that companies can meet international quality standards and compete effectively in the global market.
- Skilled labor is essential in industries such as pharmaceuticals and electronics, where precision, technical knowledge, and innovation are crucial for success.
- Skilled workers can contribute to research and development efforts, design and engineer complex products, and ensure efficient production processes.
- The presence of skilled labor also indicates the availability of a strong education system and training programs that can continually produce a skilled workforce to meet the industry's needs.
- Foreign investors prefer countries with a well-developed education system that focuses on science, technology, engineering, and mathematics (STEM) subjects to provide a pipeline of skilled workers.
- Countries with a high level of labor skills and productivity tend to attract more FDI in industries that require these capabilities.
- This can lead to increased job opportunities, higher wages, and overall economic growth for the country.
- Governments can encourage FDI in industries that require higher skilled labor by investing in education and training programs, promoting research and development, and creating a business-friendly environment.
- By prioritizing the development of a skilled workforce, countries can attract foreign investors and stimulate economic growth in industries that require high labor productivity and skills.
- In industries that require higher skilled labor, such as pharmaceuticals and electronics, the factor that significantly influences foreign direct investment (FDI) is high labor productivity and skills.
- Foreign investors are attracted to countries that have a skilled workforce capable of producing high-quality products and maintaining efficient production processes.
- High labor productivity and skills ensure that companies can meet international quality standards and compete effectively in the global market.
- Skilled labor is essential in industries such as pharmaceuticals and electronics, where precision, technical knowledge, and innovation are crucial for success.
- Skilled workers can contribute to research and development efforts, design and engineer complex products, and ensure efficient production processes.
- The presence of skilled labor also indicates the availability of a strong education system and training programs that can continually produce a skilled workforce to meet the industry's needs.
- Foreign investors prefer countries with a well-developed education system that focuses on science, technology, engineering, and mathematics (STEM) subjects to provide a pipeline of skilled workers.
- Countries with a high level of labor skills and productivity tend to attract more FDI in industries that require these capabilities.
- This can lead to increased job opportunities, higher wages, and overall economic growth for the country.
- Governments can encourage FDI in industries that require higher skilled labor by investing in education and training programs, promoting research and development, and creating a business-friendly environment.
- By prioritizing the development of a skilled workforce, countries can attract foreign investors and stimulate economic growth in industries that require high labor productivity and skills.
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Which factor significantly influences FDI in industries that require h...
In industries that require higher skilled labor, such as pharmaceuticals and electronics, the availability of high labor productivity and skills significantly influences Foreign Direct Investment (FDI). Investors are attracted to countries where there is a combination of low wages and a skilled workforce, making it an ideal location for such industries.
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Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?a)Low wage ratesb)Political stabilityc)Availability of commoditiesd)High labor productivity and skillsCorrect answer is option 'D'. Can you explain this answer?
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Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?a)Low wage ratesb)Political stabilityc)Availability of commoditiesd)High labor productivity and skillsCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?a)Low wage ratesb)Political stabilityc)Availability of commoditiesd)High labor productivity and skillsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?a)Low wage ratesb)Political stabilityc)Availability of commoditiesd)High labor productivity and skillsCorrect answer is option 'D'. Can you explain this answer?.
Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?a)Low wage ratesb)Political stabilityc)Availability of commoditiesd)High labor productivity and skillsCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?a)Low wage ratesb)Political stabilityc)Availability of commoditiesd)High labor productivity and skillsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which factor significantly influences FDI in industries that require higher skilled labor, such as pharmaceuticals and electronics?a)Low wage ratesb)Political stabilityc)Availability of commoditiesd)High labor productivity and skillsCorrect answer is option 'D'. Can you explain this answer?.
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