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Emerging-market companies have yet to buy stakes in any of the large scale corporations of the developed countries.

a) True
b) False

User Chu Yeow
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1 Answer

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Final answer:

The statement that emerging-market companies have not invested in corporations of developed countries is false, as there have been numerous instances of such investments.

Step-by-step explanation:

The statement that emerging-market companies have yet to buy stakes in any of the large scale corporations of the developed countries is false. In the global economy, emerging-market companies have not only grown in their domestic markets but have also made significant investments in large corporations across developed nations. These include acquisitions, mergers, and purchasing of stakes in sectors such as automotive, technology, energy, and finance. For instance, Tata Motors of India acquired Jaguar Land Rover, and Lenovo of China took over the PC division of IBM, confirming that such cross-border investments are commonplace.

User Serhii Onishchenko
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