Which of the following are foreign direct investments? a. A Chinese company pays $6.49 million for a

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Which of the following are foreign direct investments?

a. A Chinese company pays $6.49 million for a stake in the Hilton.

b. A Russian businessman buys $44 billion on FOREX.

c. An American company buys another American company; stockholders in the bought U.S. company sell their shares on FOREX.

d. A Turkish company builds a factory in Ethiopia and manages the factory as a contractor to the Turkish government.

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International Economics Theory And Policy

ISBN: 9781292409719

12th Edition

Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz

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