host country

Host Country

A foreign country in which an ambassador and diplomatic staff reside while on assignment. The ambassador and staff represent the interests and policies of their own nation while in the host country.

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host country

a country that acquires production, distribution or marketing facilities as a result of FOREIGN DIRECT INVESTMENT by a MULTINATIONAL COMPANY. For example, an investment in a production plant by the multinational company Unilever in a host country such as Kenya can help to create jobs and export earnings or import savings for Kenya. Compare SOURCE COUNTRY.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005