Question

five things the US government could reasonably do to make America more attractive to foreign firms

Answer 1

America more attractive to global investors in the following ways:

-- Publish data on economic and social performance: When federal and national governments publish data on social, financial and economic performance; wellbeing of the population and where entrepreneurs are located it provides transparency and attract more foreign investors.

-- Consumer preferences: The tastes of consumers may differ thus marketing strategies need to be formulated to cater to the needs of different consumers. For example customer choosing a salad over a hamburger

--Growth and spread of multinational operations: Standard international accounting systems across all geographic units within a large company can simplify and ease the process of transferring employees from one unit to another, therefore can make cross-unit collaboration on financial matters more productive.

-- Enhances the quality of financial reports: The use of IFRS improves the quality of financial reports since there is less possibility for undermining the objectives of the set standards. Quality financial reports also boost investor confidence in a business.

-- Political stability and attitude towards foreign investment: The absence of bureaucratic hurdles, streamlined procedures, subsidies and incentives are perfect indicators of a government’s willingness in inviting foreign partners in developing their nations.