4 briefly explain the difference between Foreign Direct Investment Inward and Outward u

Definition of FDI – occurs when an investor or investing country gains a controlling interest
in a foreign operation either through acquisition or a start-up investment – i.e. FDI represents
a company controlled through ownership by a foreign firm or individual plus student input (if
provided)
Singapore model as a country attracting investment from abroad and also investing
overseas (give two possible steps of stepping the model)
FDI Inward – a gain or plus in the BOP – create jobs and increase employment
FDI Outward – an outflow of capital in the BOP – jobs are not create locally and decrease
employment Issues to be highlighted – Factor mobility, trade and production