Question

According to the U.S. Department of Commerce, which of the following, occurs whenever a U.S. citizen, organization, or affiliated group takes an interest of 10 percent or more in a foreign business entity? A. TrueB. False.

Answer 1

this question is not true/false

the answer is: foreign direct investment

Step-by-step explanation:

Foreign direct investment (FDI) takes place when a domestic company or individual invests directly in new facilities to produce goods or services in a foreign country. Or as the US Department of Commerce clearly states, when a US citizen or organization acquires at least 10% of a foreign business.

FDI is a game played on both sides. For example, the US received $296.4 billions during 2018 as FDI from foreign investors.