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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