Which of the following refers to a cross-border investment through which a person or corporation based in one country purchases or constructs an asset such as a factory or bank in another country so that a long-term relationship and control of an enterprise by nonresidents results?
A)foreign direct investment
B)multinational corporation
C)economic corruption
D)foreign aid

Question

Quizplus · Accepted Answer

Foreign direct investment (FDI) refers to an investment made by a firm or individual in one country in business interests located in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company. This involves not just a transfer of funds, but also the establishment of a lasting interest and control in a foreign enterprise.

Which of the Following Refers to a Cross-Border Investment Through