Intel Built a Chip Fabrication Plant in China That Serves

question 35

True/False

Intel built a chip fabrication plant in China that serves two purposes.One is to show its commitment to China and the other is to give Intel strategic advantage over competition that does not manufacture there.

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Definitions:

Financial Account

A component of a country's balance of payments that records transactions of financial assets between residents and non-residents.

Net Transfers

Financial or in-kind transactions without a direct quid pro quo, often seen in government budgets or international aid.

Net Investment Income

The profit gained from investment activities after subtracting all related expenses, such as fees and taxes.

Assets Abroad

Financial holdings or investments located in foreign countries, outside of an investor's home country.