An MNC acquiring ownership in a foreign branch or subsidiary is an example of:
A)globalization.
B)foreign direct investment.
C)international trade.
D)political risk.

Question

Quizplus · Accepted Answer

Foreign direct investment involves an MNC acquiring ownership in a foreign branch or subsidiary, whereas globalization refers to the increasing interconnectedness and interdependence of economies worldwide. International trade refers specifically to the exchange of goods and services between countries, and political risk refers to the potential for political factors to negatively impact business operations in a foreign country.

An MNC Acquiring Ownership in a Foreign Branch or Subsidiary