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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Which of the following is not an example of foreign direct investment?

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Question

Which of the following is not an example of foreign direct investment?

Options

  • the construction of a new auto assembly plant overseas

  • the acquisition of an existing steel mill overseas

  • the purchase of bonds or stock issued by a textile company overseas

  • the creation of a wholly-owned business firm overseas

MCQ
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Solution

the purchase of bonds or stock issued by a textile company overseas

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Foreign Direct Investment (FDI) and Trade
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Chapter 7: International Economics - Model Questions [Page 150]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 7 International Economics
Model Questions | Q 18. | Page 150
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