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

The strategy of Toyota building a factory in Ontario to make vehicles to be marketed to Canadians can be best described as international direct investment by Toyota in Canada. This involves a long-term commitment by Toyota to establish production facilities in Canada to serve the Canadian market, which implies creating jobs, transferring technology, and contributing to the local economy. It is not a joint venture or indirect exporting, and while it may involve foreign marketing, this is not the primary purpose of the investment.

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