Asked by daisy Rochez on May 25, 2024
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The cross-border flow of multinational corporation investment to purchase, establish foreign subsidiaries and embark on joint ventures is known as _______________________________.
Foreign Subsidiaries
Entities that are owned or controlled by a parent company but are located in a different country.
Joint Ventures
Business arrangements in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.
- Understand the concept and mechanisms of international trade and financial flows.
Verified Answer
Learning Objectives
- Understand the concept and mechanisms of international trade and financial flows.
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