Ford,an American car company,purchased Volvo,which is based in Sweden.What is this an example of?
A) a multinational firm
B) an independent agency
C) a licensing arrangement
D) a foreign direct investment
E) a strategic alliance

Question

Quizplus · Accepted Answer

D)In a foreign direct investment, a company in another country invests, by partial or full ownership, in a company in the host country.

Ford,an American Car Company,purchased Volvo,which Is Based in Sweden