Which of the following international business activities constitutes a foreign direct investment? All firms mentioned are based in Australia.
A) Scary Spider Spirits imports a thousand cases of rum from the Dominican Republic.
B) Woolworths opens retail stores in Indonesia.
C) University of Melbourne runs training sessions for Papua New Guinean civil servants in Victoria.
D) Merkizer Pharmaceuticals licenses an Indian company to manufacture a drug under its patents.
Correct Answer:
Verified
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