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The government in Chile recently informed Clint Travis' company that his retail grocery chain in Chile would have to be gradually turned over to the people of Chile by the year 2050. Additionally, starting
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29 votes
29 votes
The government in Chile recently informed Clint Travis' company that his retail grocery chain in Chile would have to be gradually turned over to the people of Chile by the year 2050. Additionally, starting next year fifty percent of the board of directors of the Chilean operation of the company must be Chileans. Which of the following political risk actions is Mr. Travis' company facing in Chile?

A. Confiscation
B. Expropriation
C. Domestication
D. Patronization
E. Socialization

User ARZ
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1 Answer

14 votes
14 votes

Answer:

Option C

Step-by-step explanation:

In simple words, Domestication happens when host nations gradually shift foreign capital to indigenous administration as well as possession through with a succession of governmental decrees that mandate local ownership and increasing national participation in administration.

Hence, from the above we can conclude that the correct option is C.

User Romanoza
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