In Europe in 2006,there Was a Hostile Political Reaction to the Attempted

Multiple Choice

In Europe in 2006,there was a hostile political reaction to the attempted takeover of Europe's largest steel company,Arcelor,by Mittal Steel,a global company controlled by the Indian entrepreneur Lakshmi Mittal.In mid-2005 China National Offshore Oil Company withdrew a takeover bid for Unocal of the United States after highly negative reactions in Congress about the proposed takeover of a "strategic asset" by a Chinese company.These incidents are evidence to the fact that:

A) FDI flow from developing countries to developed ones is largely unwelcome.
B) developed countries do not feel the need to court FDIs.
C) developed nations,to a far greater extent,are hostile to FDI than developing nations.
D) hostile reactions to inward FDI are not restricted to developing nations.