Which of the following are direct foreign investments? Explain your answer. i. A Chinese company pays $6.49 million for a stake in the Hilton. ii. A Russian businessman buys $44 billion on FOREX. iii. An American company buys another American company; stockholders in the bought-US company sell their shares on FOREX. iv. A Turkish company builds a factory in Ethiopia and manages the factory as a contractor to the Turkish government
Which of the following are direct foreign investments? Explain your answer. i. A Chinese company pays $6.49 million for a stake in the Hilton. ii. A Russian businessman buys $44 billion on FOREX. iii. An American company buys another American company; stockholders in the bought-US company sell their shares on FOREX. iv. A Turkish company builds a factory in Ethiopia and manages the factory as a contractor to the Turkish government
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter20: The Global Economy
Section: Chapter Questions
Problem 23AA
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Which of the following are direct foreign investments? Explain your answer.
i. A Chinese company pays $6.49 million for a stake in the Hilton.
ii. A Russian businessman buys $44 billion on FOREX.
iii. An American company buys another American company; stockholders in the bought-US company sell their shares on FOREX.
iv. A Turkish company builds a factory in Ethiopia and manages the factory as a contractor to the Turkish government.
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