Q
Which of the following is not an example of foreign direct investment ?
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A
A. The construction of a new auto assembly plant overseas
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B
B. The acquisition of an existing steel mill overseas
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C
C. The purchase of bonds or stock issued by a textile company overseas
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D
D. The creation of a wholly owned business firm overseas
Correct Answer:
C. C. The purchase of bonds or stock issued by a textile company overseas
