In the 1800s, Europeans purchased stock in Canadian companies, which used the funds to build railroads and factories. What type of investments did the Europeans make?

Question

Quizplus · Accepted Answer

Foreign portfolio investments involve purchasing stocks, bonds, or other financial assets in another country, without directly controlling the companies involved. This is what Europeans did by buying stock in Canadian companies.

In the 1800s, Europeans Purchased Stock in Canadian Companies, Which