Asked by David Garcia on May 30, 2024
Verified
If your company opens and operates a branch in a foreign country, your company engages in foreign direct investment.
Foreign Direct Investment
An investment made by a firm or individual in one country into business interests located in another country, typically involving ownership of assets.
- Acknowledge the function of external and national investments in advancing a country's economic success.
Verified Answer
ZK
Zybrea KnightJun 04, 2024
Final Answer :
True
Explanation :
Opening and operating a branch in a foreign country constitutes foreign direct investment (FDI) because it involves the direct ownership and control of business operations in another country.
Learning Objectives
- Acknowledge the function of external and national investments in advancing a country's economic success.