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The role of foreign direct investment (FDI)

How does direct investment from overseas MNCs impact on the level of development in an LEDC. Are Western consumers prepared to pay more for their consumer goods so that working conditions in LEDCs improve?Lesson time: 2 hours (HL) Lesson objectives:Describe the nature of foreign direct investment (FDI) and multinational corporations (MNCs).Explain the reasons why MNCs expand into economically less developed countries.

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