International portfolio investment is characterized by ________.
A) short-term foreign market speculation
B) long-term administration of MNE stocks
C) active control of a foreign business
D) passive ownership of foreign stocks and bonds
Question 2
Firms that anticipate close public scrutiny of their foreign operations often avoid potential difficulties by ________.
A) locating in culturally similar countries
B) investing in international securities
C) hiring additional local personnel
D) diversifying their corporate activities
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International Business Management