When a firm from another country has an equity (or ownership)position in a separate company,it is engaging in
A)An international cooperative alliance.
B)A turnkey operation.
C)A contract manufacturer.
D)FDI.

Question

Quizplus · Accepted Answer

FDI, or foreign direct investment, is the process by which a firm from one country invests in and acquires an ownership position in a separate company in another country. This differs from international cooperative alliances, turnkey operations, and contract manufacturing, which do not involve the same level of equity ownership.

When a Firm from Another Country Has an Equity (Or