Which criticism of foreign direct investment (FDI) is the least justified?
- AIt encourages competition, reduces prices and forces the less efficient domestic firms to leave the market.
- BIt brings workers from its own country and provides only low paying jobs to low skilled local workers.
- CIt is usually withdrawn quickly in case of a global crisis, making developing countries more vulnerable to global shocks.
- DIts actions often result in environmental degradation, and over exploitation of natural resources.