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When a Company from Germany Builds an Automobile Factory in the United

question 141

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When a company from Germany builds an automobile factory in the United States, the German firm has engaged in foreign direct investment.


Definitions:

Research and Development

These are activities undertaken by companies or governments in pursuit of new knowledge, innovations, and product development.

GDP

Gross Domestic Product is the sum value of all finished goods and services made within a country's borders over a certain timeframe, measured in monetary terms.

Industrial Countries

Nations with highly developed economies, characterized by significant industrial activity, advanced technological infrastructure, and higher standards of living.

Percentage

A proportion or part in relation to a whole, represented as a fraction of 100.

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