Singapore GCE O-Level Humanities (Social Studies, Literature In English) Practice Questions - Singapore GCE O-Level Humanities (Social Studies, Literature In English) Exam

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Which economic phenomenon best describes how Singapore attracts foreign direct investment (FDI) from multinational corporations (MNCs) to boost local employment?

Economic globalisation and trade integration Cultural assimilation Protectionist import substitution Socio-political decentralization

Correct Answer:

Economic globalisation and trade integration

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