The Denmark government welcomes foreign investments and does not offer priorities to local or foreign investors. The nation does not benefit much from foreign direct investment since the outward flow of capital is way lager than what it gets back as inward flow; there are nations like the United States and Sweden that have very big investments in the country which is important. Denmark is a very small country with a very straightforward economy; Denmark depends on foreign trade on a larger portion of its economy, their export account for a very large area of their GDP. Danish comprises of foreign direct investment policies that are centered on liberal and encourage foreign investment ( Alam, 2015) .
Danish foreign investment policies are promising since they are focused on fostering and developing businesses, mainly aimed at high-growth sectors. In the year 2014 to 2018 Denmark was ranked as top ten globally and fourth regionally with the Economist Intelligence Unit (EIU) for encouraging and attracting foreign investments. Denmark is a community member of the EU and is bound by the rules of the EU. Therefore the country is bound to let a free movement of certain goods, capital, person and lastly certain services. The nation is open to foreign investments and does not choose or distinguish between EU and any other investments ( Liuhto, Sutyrin & Blanchard, 2016). Sovereign countries as the United States of America and Sweden are among the forefront of investors primarily in Denmark.
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Is Denmark a member of any Regional Economic Integration? What are the benefits and detriments for Denmark to be in this integration? Discuss the economic implementation to be in this economic integration for Denmark.
Denmark joined the World Trade Organization in the year 1995. The nation is also a member of the European Union. All nations that are recognized to be members of the World Trade Organization are also members of European Union. The nations, those are members of the World Trade Organization such as Denmark has certain benefits. Denmark is a member of the World Trade Organization has been granted a most favored nation status, where the country is treated the same with its other members of WTO. No trading preferences, to certain members without sharing it with all other members ( Collins, 2015) .
Denmark is a member of the World Trade Organization has very few barriers with the other member states. The barriers include but not limited to tariffs, import quotas and regulations. The lower barriers set encourage or give a leeway to the nations for a larger market for their goods. When they access larger markets, they make greater sales, therefore more jobs for Denmark citizens, and their economic growth will be rise faster ( Jones, 2015) .
Denmark has an advantage as a member of the WTO to get to larger markets at lower tariffs and rates. Since Denmark has an open economy, it will tend to grow faster than that of a closed one. Their companies have tended to hire more workers as compared to those that are making up losses. Having a healthy competition in the market place is a good stimulus for Denmark based companies that are seeking to make things better and making it profitably. The companies will get new ideas from an interaction with the other countries members of the WTO ( In Karasavvoglou et al. 2018) .
References
Alam, J. (2015). Energy Consumption and Foreign Direct Investment. A Panel Data Analysis for Denmark. Retrieved from https://www.grin.com/document/413348
In Karasavvoglou, A., In Goić, S., In Polychronidou, P., & In Delias, P. (2018). Economy, Finance and Business in Southeastern and Central Europe: Proceedings of the 8th International Conference on the Economies of the Balkan and Eastern European Countries in the Changing World (EBEEC) in Split, Croatia, 2016 . Retrieved from https://link.springer.com/book/10.1007%2F978-3-319-70377-0
Jones, K. A. (2015). Reconstructing the World Trade Organization for the 21st century: An institutional approach . Retrieved from https://books.google.co.ke/books?hl=en&lr=&id=OXabBQAAQBAJ&oi=fnd&pg=PP1&dq=Jones,+K.+A.+(2015).+Reconstructing+the+World+Trade+Organization+for+the+21st+century:+An+institutional+approach.&ots=CE8lSD6gOh&sig=HAkTlhPtosME_66BkX1EjVSP6KM&redir_esc=y#v=onepage&q&f=false
Liuhto, K., Sutyrin, S., & Blanchard, J. M. F. (Eds.). (2016). The Russian Economy and Foreign Direct Investment (Vol. 161). Taylor & Francis. Retrieved from https://books.google.co.ke/books?hl=en&lr=&id=Ei0lDwAAQBAJ&oi=fnd&pg=PP1&dq=Liuhto,+K.,+Sutyrin,+S.,+%26+Blanchard,+J.+M.+F.+(Eds.).+(2016).+The+Russian+Economy+and+Foreign+Direct+Investment+(Vol.+161).+Taylor+%26+Francis.&ots=YLDVP6_dLo&sig=auiBjuPM4uWQetIb279E2g19Pk8&redir_esc=y#v=onepage&q&f=false
Collins, D. (2015). The World Trade Organization: A beginner's guide . Retrieved from https://books.google.co.ke/books?hl=en&lr=&id=I-qFCgAAQBAJ&oi=fnd&pg=PT7&dq=Collins,+D.+(2015).+The+World+Trade+Organization:+A+beginner%27s+guide.&ots=t-EFDYAYLi&sig=sfG8Iw4OGNWOikCiPjTPm0bJ3I8&redir_esc=y#v=onepage&q&f=false
