Reforms in Investment Incentives
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Questions and Answers

Which year was the investment incentive system revised?

  • 1991
  • 1987 (correct)
  • 1985
  • 1983

What was the goal of revising the investment incentive system?

  • To reward performance (correct)
  • To reduce export subsidies
  • To encourage foreign investment
  • To increase government control

Why was specific assistance to exporters removed in the 1987 version of the Investment Code?

  • To prioritize domestic production
  • To reduce government spending
  • To promote fair competition
  • To appease the United States and other industrial nations (correct)

Who has considerable discretionary power over foreign investment in the 1987 Investment Code?

<p>The government Board of Investments (C)</p> Signup and view all the answers

What would the proposed legislation in early 1991 limit?

<p>Foreign participation in an enterprise exceeding 40 percent (A)</p> Signup and view all the answers

Which country objected to the export-subsidy provisions in the 1983 Investment Code?

<p>United States (A)</p> Signup and view all the answers

What was the main focus of the investment incentive system revisions in 1983 and 1987?

<p>Rewarding performance (C)</p> Signup and view all the answers

What authority does the 1987 Investment Code delegate over foreign investment when foreign participation exceeds 40 percent?

<p>The government Board of Investments (B)</p> Signup and view all the answers

What did the proposed legislation in early 1991 aim to limit?

<p>The power of the government Board of Investments (C)</p> Signup and view all the answers

What would be allowed under the new proposal if foreign participation exceeds 40 percent?

<p>Foreign investment in any area (A)</p> Signup and view all the answers

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