Questions: Multiple Choice Question The definition of states the buying of permanent properties or businesses in foreign nations. O Foreign strategic alliance O Global contract manufacturing O Foreign direct investment O International joint venture Rate your confidence in your answer: High Medium Low Need help? Review these concepts:

The answer is Foreign direct investment.

A foreign strategic alliance involves partnerships between companies from different countries to achieve specific objectives while remaining independent. It does not involve the buying of permanent properties or businesses.

Global contract manufacturing refers to a company outsourcing production to a foreign manufacturer. This does not involve purchasing permanent properties or businesses.

Foreign direct investment (FDI) is the buying of permanent properties or businesses in foreign nations. It involves a long-term interest and control in a foreign enterprise.

An international joint venture is a business arrangement where two or more parties from different countries collaborate to achieve a specific goal, sharing resources and risks. It does not necessarily involve the purchase of permanent properties or businesses.