Write the Correct Meaning for MS

question 21

Short Answer

Write the correct meaning for MS:

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Definitions:

Direct Foreign Investment

The act of investing by companies or individuals from one country into business operations or assets within a different country, encompassing the establishment of business ventures or the acquisition of assets.

Tariffs

Taxes imposed on imported or, less commonly, exported goods with the purpose of influencing trade flows, raising government revenue, or protecting domestic industries.

Direct Foreign Investment

Direct Foreign Investment involves an individual or company in one country investing in business interests in another country, typically involving ownership of facilities, properties, or assets.

Chemical Plant

An industrial facility specialized in processing chemicals or chemical compounds to produce a variety of products or raw materials.