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Classify each of the following as direct or portfolio foreign investment. a. Lululemon (a Canadiancompany) builds new factories in Cambodia b. A Canadian hedge fund

Classify each of the following as direct or portfolio foreign investment.

a. Lululemon (a Canadiancompany) builds new factories in Cambodia

b. A Canadian hedge fund purchases 30 percent of the shares of a Brazilian paper manufacturer:

c. Mercedes-Benz (a German company) builds a new manufacturing plant in Ontario:

d. Hudson's Bay (a Canadian company) sets up a new call centre in India

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