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The cross-border flow of multinational corporation investment to purchase, establish foreign subsidiaries and embark on joint ventures is known as _______________________________.
Back-end Ratio
The back-end ratio measures a person's total debt payments as a percentage of their income, commonly used by lenders to assess borrowing capacity.
Pre-approved
An initial approval indicating a customer may qualify for certain loans or credit cards, usually based on a preliminary credit information review.
Gross Annual Income
Gross Annual Income refers to the total amount of income earned in a year before any deductions are made, such as taxes and retirement contributions.
Down Payment
An initial payment made when something is bought on credit, often expressed as a percentage of the total purchase price.
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