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7nadin3 [17]
2 years ago
11

Rather than acquire an existing machine parts manufacturer in Mexico, Robertson Corp., based in Ohio, chose to establish new ope

rations in a northern Mexico city. This form of FDI is called
Business
1 answer:
Rufina [12.5K]2 years ago
5 0

The form of Foreign direct investment used to acquire the existing machine parts manufacturer in Mexico, Robertson Corp based in Ohio is called a greenfield investment.

<h3>What is a greenfield investment?</h3>

A greenfield investment refers to a foreign portfolio investment whereby a company buys the stocks or bonds of an existing company.

In conclusion, the acquisition of Robertson Corp in other to establish new operations in a northern Mexico is called a greenfield investment.

Read more about greenfield investment

<em>brainly.com/question/8948781</em>

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