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It also assumed to facilitate and accelerate the process of development by generating additional domestic savings.Group of answer choicesportfolio investmentstied aidexternal assistanceforeign direct investment Previous

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It also assumed to facilitate and accelerate the process of development by generating additional domestic savings.Group of answer choicesportfolio investmentstied aidexternal assistanceforeign direct investment Previous

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Solution

It seems like you're asking about what can facilitate and accelerate the process of development by generating additional domestic savings. From the group of answer choices provided, the most likely answer is "foreign direct investment".

Foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. This often involves establishing business operations or acquiring business assets in the foreign country, such as ownership or controlling interest in a foreign company.

FDIs can accelerate the process of development in a country as they bring in additional capital, technology, management skills and can create jobs. This can lead to increased economic growth, which in turn can lead to increased domestic

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