12 Collect data on inward FDI at the country level for N host countries over a T year period and with K independent variables. Build and then estimate a panel data model (using EViews, LIMDEP, RATS or other packages). The dependent variable is inward FDI flows to the host country (with necessary transformation/scaling). The independent variables may include host country infrastructure, relative labour costs, changes in, and stability of, exchange rates, political stability and legal systems