How much does Ireland receive each year and from whom with FDI, what is the money used for or where is the money going to?

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
Section12.2: Defining The Money Supply
Problem 3ST
icon
Related questions
Question

How much does Ireland receive each year and from whom with FDI, what is the money used for or where is the money going to?

 

 

Expert Solution
Introduction

Foreign Direct Investment (FDI) has a significant impact on the Irish economy; it is estimated that FDI accounts for 20% of all private sector jobs in the country.

Foreign Direct Investments also provides considerable tax money for the Government, stimulates other economic activities across the economy, and aids in driving investment in research and innovation.

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Trade
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co