Which of the following is an example of foreign direct investment? Ford buys a controlling interest in Peugeot Citroën, a French automobile company. Wells Fargo Bank buys $10 million worth of Bank of England T-Bills. Dr. Gareau, a French biologist, buys $5,000 worth of shares of Toyota. Ford motor company puts $10 million from its pension fund into a mutual fund containing shares of foreign companies.
Which of the following is an example of foreign direct investment? Ford buys a controlling interest in Peugeot Citroën, a French automobile company. Wells Fargo Bank buys $10 million worth of Bank of England T-Bills. Dr. Gareau, a French biologist, buys $5,000 worth of shares of Toyota. Ford motor company puts $10 million from its pension fund into a mutual fund containing shares of foreign companies.
Chapter7: Economic Growth: Theory And Policy
Section: Chapter Questions
Problem 3DQ
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