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14 March, 07:57

The purchase or building by a corporation of a facility in a foreign country is called

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  1. 14 March, 07:59
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    Foreign Direct Investment (FDI)

    Explanation:

    Foreign Direct Investment (FDI) is a type of investment made by a corporation or an individual in another foreign country, whereby it takes full control and ownership of such investment in the foreign country. Foreign Direct Investment (FDI), in simple terms is the investment made by a firm or individual in a foreign country, whereby the firm as a foreign investor has control over the investment made.

    The purchase of building by a corporation of a facility in a foreign country is what is called Foreign Direct Investment (FDI). An example of Foreign Direct Investment (FDI) is Apple having an investment in China.
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