One disadvantage of indigenization is that it

Commerce

WAEC 2008

A. discourages foreign control of an economy
B. encourages local retention of profits
C. encourages the participation of indigenes in economic development
D. discourages foreign investment

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Correct Answer: Option D

Explanation

Indigenization discourages foreign investment in a way that foreign investors would not want to invest in the said country because of the possibility of their companies/ businesses being converted to the state's property.

Previous Next

Go back to Comm classroom

Report an Error Ask A Question Download App

Your School's Whatsapp Group - Join Us now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

If the power of a lens is +2.5D. Calculate the radius of curvature (a). 80cm (b). 40cm (c). 25cm (d).... Answer this

1 Answers · Physics · 4 days ago
Subjects to learn under petroleum engineering? Answer this

1 Answers · 4 days ago
what is the cut of mark for medical doctor in university and list all the university? Answer this

1 Answers · 2 days ago

One disadvantage of indigenization is that it

Correct Answer: Option D

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In