Which of the following is the best example of portfolio investment?
A) A U.S.company acquires less than 10 percent ownership of a foreign company.
B) A U.S.company acquires more than 10 ownership of a foreign company.
C) A foreign bank lends more than 10 percent of the funds needed by a business.
D) A foreign bank lends less than 10 percent of the funds needed by a business.
E) The Bank of America extends a loan to a foreign country.
Correct Answer:
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