JAMB Commerce 2001 Question 43

Question 43

Government and Business

One way by which government reduces the repatriation of capital is through

  1. A.nationalization
  2. B.divestiture
  3. C.indigenization
  4. D.naturalization.
Show the answer and explanation

Answer: C (indigenization)

Explanation

Indigenisation transfers ownership to Nigerians, so less profit and capital is sent abroad.