Larry,a Canadian citizen,opens and operates a bookstore in England.What is this an example of?
A) investment for Larry and Canadian foreign direct investment
B) investment for Larry and Canadian foreign portfolio investment
C) Canadian foreign direct investment and Canadian domestic investment
D) Canadian foreign portfolio investment and Canadian domestic investment

Question

Quizplus · Accepted Answer

Larry opening and operating a bookstore in England is an example of foreign direct investment, as he has actively taken control of a business in a foreign country. It is also an investment for Larry and would be considered Canadian foreign direct investment because he is a Canadian citizen investing in a foreign country.

Larry,a Canadian Citizen,opens and Operates a Bookstore in England