Which of the following is not an example of foreign direct investment?
A. The construction of a new auto assembly plant overseas
B. The acquisition of an existing steel mill overseas
C. The purchase of bonds or stock issued by a textile company overseas
D. The creation of a wholly owned business firm overseas
Answer:C
Which of the following is not an example of foreign direct investment?
A. The construction of a new auto assembly plant overseas B. The acquisition of an existing steel mill overseas C. The purchase of bonds or stock issued by a textile company overseas D. The creation of a wholly owned business firm overseas