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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 16
Define each of the following as direct or portfolio foreign investment. a. Nike (a U.S. company) builds new factories in Cambodia.
B) A U.S. hedge fund purchases 30 percent of the shares of a Brazilian paper manufacturer.
C) Mercedes-Benz (a German company) builds a new manufacturing plant in Alabama.
D) Intel (a U.S. company) sets up a new call center in India.
E) A British chocolate maker buys a smaller U.S. rival. f. Hilton Hotels (a U.S. company) builds a new resort in Hawaii.
B) A U.S. hedge fund purchases 30 percent of the shares of a Brazilian paper manufacturer.
C) Mercedes-Benz (a German company) builds a new manufacturing plant in Alabama.
D) Intel (a U.S. company) sets up a new call center in India.
E) A British chocolate maker buys a smaller U.S. rival. f. Hilton Hotels (a U.S. company) builds a new resort in Hawaii.
Explanation
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When foreign company purchased the asset...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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