The financial account is divided into three subcategories: direct investment, portfolio investment, and other investment. Portfolio investment involves acquisitions of controlling interests in foreign businesses. O investments in foreign stocks and bonds that do not involve acquisitions of control. bank deposits, currency investment, trade credit, and the like. All of the above

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter18: Long-term Debt Financing
Section: Chapter Questions
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The financial account is divided into three
subcategories: direct investment, portfolio investment,
and other investment. Portfolio investment involves
acquisitions of controlling interests in foreign businesses.
O investments in foreign stocks and bonds that do not
involve acquisitions of control.
bank deposits, currency investment, trade credit, and the
like.
O All of the above
Transcribed Image Text:The financial account is divided into three subcategories: direct investment, portfolio investment, and other investment. Portfolio investment involves acquisitions of controlling interests in foreign businesses. O investments in foreign stocks and bonds that do not involve acquisitions of control. bank deposits, currency investment, trade credit, and the like. O All of the above
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