Question: How would the following transactions affect U.S. net capital outflow? Also, state whether each involves direct investment or portfolio investment. a. An American cellular phone
a. An American cellular phone company establishes an office in the Czech Republic.
b. Harrods of London sells stock to the General Electric pension fund.
c. Honda expands its factory in Marysville, Ohio.
d. A Fidelity mutual fund sells its Volkswagen stock to a French investor.
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