Which of the following is true of foreign direct investment?
A) The contributions of entrepreneurs and small businesses to foreign direct investment is insignificant.
B) Globalization has led emerging markets to undertake less foreign direct investment and industrialized nations to undertake more foreign direct investment.
C) The desire to increase a firm's global competitiveness drives many cross-border mergers and acquisitions.
D) Foreign direct investment does not involve obtaining a degree of control in a company.
C
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a. True b. False