Problem
What is the difference between the immediate and the long-run effect of direct investment by foreigners when the direct investment is in a heavily export-oriented activity such as oil exploration and development? Would it make any difference if the industry into which direct investment occurred were involved in the production of a good the country?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.