Expropriation occurs when the government in which a foreign company's investment assets are located:
A) Takes ownership and control of those assets.
B) Charges additional taxes for the use of those assets.
C) Uses domestic currency to purchase those assets.
D) Uses foreign currency to purchase those assets.
E) Does not allow transnational transfers of currency.

Question

Quizplus · Accepted Answer

Expropriation refers to the act of a government taking ownership and control of foreign company's assets located within their jurisdiction, without the consent of the company.

Expropriation Occurs When the Government in Which a Foreign Company's