An American clothing manufacturer has recently purchased a clothing factory in Taiwan.This action is known as ________.

Name: An American clothing manufacturer has recently purchased a clothing factory in Taiwan.This action is known as ________.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Direct investing refers to a business strategy where a company invests in a foreign country by either establishing business operations or acquiring business assets in that country, such as by purchasing a company or a factory, as in this scenario.

An American Clothing Manufacturer Has Recently Purchased a Clothing Factory