Algeria has a lot of potentials to boost its economy by tapping into the foreign exchange and investment in is oil and gas reserves. ... The economy of Morocco is also characterised by an increase in foreign investment, for instance, through French companies like Safran and Renault. ... Algeria's low oil prices interfere with foreign investment, the growth of the GDP, and economic growth and development. ... However, due to its low labour costs and dynamic economy, it can attract investment into the country. ... Its strengths include a favouable legal framework, high GDP, and low labour costs,...

• Word Count: 758
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School

Foreign relations - the relations of a county with others is very important for trade. ... This not only encourages foreign investment but also maintain existing economic policies for long-term benefits. Constant upheavals dissuade not only foreign but also local investments and constantly changing economic policies destroys economic development. ... Such countries usually officially decrease the value of their currency in relation to gold as well as other foreign currencies General factors leading to devaluation: Persistent adverse trade balance and disequilibrium in balance of paym...

• Word Count: 2476
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School