MagNet,a small United States computer company,started doing business in a foreign country.The foreign country later decided to take over all computer industry,including MagNet's operation.The foreign country paid MagNet adequate compensation in United States dollars.The foreign country's action is called:

Question

Quizplus · Accepted Answer

The foreign country's action is called expropriation, which refers to the government's takeover of privately owned assets, for which MagNet received adequate compensation. Comity refers to mutual respect and recognition between different countries' legal systems, repatriation refers to the return of assets, and inflow profit streaming is not applicable in this scenario.

MagNet,a Small United States Computer Company,started Doing Business in a Foreign