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The establishment of a wholly new operation in a foreign country is referred to as a(n) .

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Answer:

greenfield investment

Step-by-step explanation:

greenfield investment is usually used as another means when "Foreign portfolio investment" is not used. It is regarded as a foreign direct investment whereby a firm set up her own operation in another country. It is a way company device to get control on activities in foreign countries, whereby the develop subsidiary in foreign countries from the start.

It should be noted that greenfield investment involves the establishment of a wholly new operation in a foreign country.

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