Typically, a "greenfield" investment abroad is considered a greater foreign investment having a greater foreign presence than a joint venture with a foreign firm.

Question

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A greenfield investment involves establishing a new business in a foreign country, while a joint venture involves partnering with a foreign firm to establish a new business. Since a greenfield investment involves setting up an entirely new business, it typically requires more resources and has a greater foreign presence than a joint venture.

Typically, a "Greenfield" Investment Abroad Is Considered a Greater Foreign