Foreign investment in the domestic company to bring in technology and financial resources is referred to as ______
A
FDI
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B
FII
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Solution
The correct option is A FDI A foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. Generally, FDI takes place when an investor establishes foreign business operations or acquires foreign business assets in a foreign company. This will bring in new technical and managerial expertise in the domestic industrial sector.