Which of the following is an example of reverse-vertical FDI?
A) Geely-a Chinese automaker-buys Volvo from Ford Motor Company.
B) Toyota-a Japanese automaker-constructs a truck manufacturing plant in Texas.
C) Chevron-an American petroleum firm-acquires a British petroleum firm.
D) General Motors-an American auto manufacturer-builds a plant in China to supply Buicks to the Chinese market.
Correct Answer:
Verified
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