1527EconomicsMedium
Which of the following is not an example of foreign direct investment?
Athe acquisition of an existing steel mill overseas
Bthe construction of a new auto assembly plant overseas
Cthe creation of a wholly owned business firm overseas
Dthe purchase of bonds or stock issued by a textile company overseas
Correct answer
D. the purchase of bonds or stock issued by a textile company overseas
Explanation
The correct answer is the purchase of bonds or stock issued by a textile company overseas.