Multiple Choice
Which of the following is an example of foreign direct investment in China?
A) U.S.auto entrepreneur Elon Musk buys stock in Alibaba Group Holding Limited of Hangzhou,China.
B) Chinese Shenzen Airlines company buys a small U.S.midwest airline company,Air Chicago.
C) The U.S.company Walmart buys a warehouse in Shanghai.
D) The bank of China purchases U.S.Treasury bonds.
E) A U.S.foreign exchange speculator buys $200,000 worth of the Chinese currency the yuan.
Correct Answer:
Verified
Correct Answer:
Verified
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