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Foreign Holdings in Business Ventures in India Were Limited to a Maximum

Question 18

Multiple Choice

Foreign holdings in business ventures in India were limited to a maximum of 40 percent until recently. Once this ban was lifted, numerous global companies rushed to invest in this market. This delay in investment in India can be attributed to


A) cultural misunderstandings.
B) import restrictions.
C) political uncertainty.
D) exchange controls and ownership restrictions.

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