Which one of the following forms of international business transactions represent investments in a local operation that is completely owned and controlled by a foreign firm?
A)A franchise.
B)A multinational corporation.
C)Management contracts.
D)Foreign subsidiaries.
E)Joint ventures.

Question

Quizplus · Accepted Answer

Foreign subsidiaries represent investments in a completely owned and controlled local operation by a foreign firm.

Which One of the Following Forms of International Business Transactions