Which of the following are direct foreign investments? a. A Saudi businessman buys $10 million of IBM
Question:
a. A Saudi businessman buys $10 million of IBM stock.
b. The same businessman buys a New York apartment building.
c. A French company merges with an American company; stockholders in the U.S. Company exchange their stock for shares in the French firm.
d. An Italian firm builds a plant in Russia and manages the plant as a contractor to the Russian government.
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a 10 million of IBM stock is nowhere near 10 percent of the total mark...View the full answer
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Related Book For
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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