Evaluate the following statement declaring it true or false

Evaluate the following statement, declaring it true or false (or something in between) and then justifying that declaration. Credit is given for the justification: “Dialing back globalization by raising trade barriers or pulling out of trade agreements would likely result in less FDI too.”

Solution

Yes it is true that Dialing back globalization by raising trade barriers or pulling out of trade agreements would likely result in less FDI too. This is because since the advent of globalisation the international investments have expanded as an immediate consequence of globalization and keep on doing so. The general public turns into a created country as its workforce pulls in the venture movement of enough organizations to make the social and monetary change important deliver a cutting edge industrialized economy.

Now with trade wars in place between the largest economies of the world, investment decisions will slow down which will directly result I less FDIs in the respective countries and thus slowing the overall growth of the world.