Economics · Economy
Consider the following statements regarding Foreign Investment: 1. Foreign Direct Investment (FDI) does not grant lasting management control over business operations. 2. Foreign Portfolio Investment (FPI) involves passive investment in financial assets like equities and bonds. 3. Foreign Direct Investment (FDI) is generally a long-term investment strategy. Which of the statements given above are correct?
- 12 and 3 only✓
- 21, 2 and 3
- 31 and 3 only
- 41 and 2 only
Correct answer
2 and 3 only
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