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SOLUTIONS - Coggle Diagram

- - - - Generating new production techniques and management processes
    - - high output, higher employment and higher economic growth
    - - increase in productive capacity
  - - - To purchase new materials from abroad and other imports
    - - Profits go back to the multinational firm's country
- - - - Bilateral aid is given directly from one country to another
      - Multilateral aid occurs when donor countries give money to an agency which then distributes the aid
- - - - encourages savings and investment
    - - this protects infant industries, agriculture, manufacturing and strategic industries against cheap imports an the practice of dumping
  - - - Firms may lack the economies of scale to generate lower unit costs and productive efficiencies