Question

Economic growth and public policy Suppose Vaabo, a Finnish-owned auto manufacturer, builds a production facility in Kentucky. This is an example of foreign _______ investment in the United States.

Answer 1

Answer:

The correct word for the blank space is: direct.

Explanation:

Foreign Direct Investment is a type of cross-border investment to create a lasting interest that a resident company based in one country could have in a company operating in another. Lasting interest implies a substantial degree of interest in the company's management as well as establishing a long-term relationship between the direct investor and the direct investment business.