Question

CADE International has foreign operations in Taiwan, India, and China. The firm pays an annual insurance premium to the Overseas Private Investment Corporation. The firm is most likely protecting itself from ________.

Answer 1

Answer:

Nationalization

Explanation:

Nationalization is the procedure of transforming the private assets into the public assets through bringing them into the ownership of the public of the national state or the national government.

In short, it is defined as the private assets that is owned through the government lower levels like municipalities and then transferred to the state.

So, in this case, the CADE has foreign operations in different countries and for that the firm pays the annual insurance premium to the Overseas Corporation. It is done by the firm so that could protect from natinalization.