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.