To encourage inward FDI, it is increasingly common for governments to
A. offer tax concessions to foreign firms that invest in their countries.
B. exclude foreign companies from specific industries.
C. require that local investors own a significant proportion of the equity in a joint venture.
D. impose high custom duties on foreign firms.
E. prohibit MNEs from joining a cartel.
Answer: A. offer tax concessions to foreign firms that invest in their countries