Which of the following international business activities constitutes a foreign direct investment? All firms mentioned are U.S. based
A) Yanqui Spirits imports a 1000 cases of rum from the Dominican Republic.
B) WMT Inc. opens a big-box retail facility in Nicaragua.
C) Condor University runs training sessions for Indonesian civil servants on its California Campus.
D) Merkizer Pharmaceuticals licenses an Indian company to manufacture a drug under its patents.
Answer: B
Business
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