________ occurs when the local government seizes the foreign-owned assets of the MNC and provides inadequate compensation.

Question

Quizplus · Accepted Answer

Expropriation refers to the government taking over the assets of a foreign-owned company within its borders without providing adequate compensation. Nationalization involves the government taking over a domestic company, and confiscation refers to the government seizing assets without any compensation. Repatriation refers to the process of returning profits or resources back to the home country of a multinational corporation.

________ Occurs When the Local Government Seizes the Foreign-Owned Assets