Foreign direct investment in Canada increased 3.8 percent in 2011.This means that
A)people or firms in other countries increased their purchases of stocks and bonds in Canada by 3.8 percent in 2011.
B)people or firms in Canada increased their purchases of stocks and bonds in foreign countries by 3.8 percent in 2011.
C)people or firms in other countries increased their building or facilities of purchases of facilities in Canada by 3.8 percent in 2011.
D)people or firms in Canada increased their building of facilities or purchases of facilities in foreign countries by 3.8 percent in 2011.
E)3)8 percent more Canadian workers took jobs in foreign countries in 2001.

Question

Quizplus · Accepted Answer

Foreign direct investment refers to investments made by individuals or companies of one country in another country. In this case, the statement indicates that people or firms from other countries increased their investments in building or purchasing facilities in Canada. Therefore, option C is the correct answer. Option A refers to portfolio investment, not foreign direct investment. Option B and D are the opposite of what the statement says. Option E is unrelated to the statement.

Foreign Direct Investment in Canada Increased 3