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When Bangkok Bank bought the Indonesian firm, Bank Permata, it was engaged in foreign direct investment. If Bangkok Bank had only bought a non-controlling number

When Bangkok Bank bought the Indonesian firm, Bank Permata, it was engaged in foreign direct investment. If Bangkok Bank had only bought a non-controlling number of shares of the firm:

a.

Bangkok Bank would have been engaged in portfolio investment.

b.

None of the answers are correct.

c.

Bangkok Bank would have been engaged in foreign direct investment.

d.

it would depend if Bangkok Bank bought the shares from a Indonesian or Japanese.

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