_____ occurs when a government demands partial transfer of ownership and management responsibility and imposes regulations to ensure that a large share of the product is locally produced and a larger share of the profit is retained in the country.

Question

Quizplus · Accepted Answer

The term that fits the description is "domestication," which refers to a government's effort to ensure more local ownership and control over industries operating within its borders. This may involve partial transfer of ownership and management responsibility to local entities, as well as the imposition of regulations aimed at promoting local production and retention of profits. In contrast, an injunction refers to a court order requiring someone to stop a particular action, defalcation refers to embezzlement or misappropriation of funds, and structuring refers to breaking up large financial transactions into smaller ones to avoid reporting requirements.

_____ Occurs When a Government Demands Partial Transfer of Ownership