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JAMB Economics 2007 Question 44

Question 44

International Trade

Foreign investment can be attracted to Nigeria through

  1. A.a review of the tax policy
  2. B.a review of interest rates
  3. C.the revaluation of the naira
  4. D.a review of the naturalization policy
Show the answer and explanation

Answer: A (a review of the tax policy)

Explanation

Tax incentives such as tax holidays make it more profitable for foreigners to invest in Nigeria.