Less tax rate in a state get intention of

A. imports

B. exports

C. direct foreign investment

D. privatization

Answer: Option C

Solution(By Examveda Team)

Less tax rate in a state get intention of direct foreign investment. A foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. Generally, FDI takes place when an investor establishes foreign business operations or acquires foreign business assets in a foreign company.