Toyota, a Japanese firm, builds a factory in Ontario to make vehicles to be marketed to Canadians. How is this strategy best described?

Question

Quizplus · Accepted Answer

This strategy is best described as international direct investment because Toyota, a foreign company, is investing in physical assets by building a factory in Canada to produce vehicles locally. This involves a direct investment in the country's economy, rather than through a joint venture, marketing strategies, or exporting indirectly.

Toyota, a Japanese Firm, Builds a Factory in Ontario to Make