When a foreign investor having no previous experience initiates a FDI in a business which is not related to its existing business in its home…
CA Foundation · Business Economics · PYQS · January 2026
When a foreign investor having no previous experience initiates a FDI in a business which is not related to its existing business in its home country and is usually in the form of a joint venture with a foreign firm operating in the industry, it is known as a ________
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. Conglomerate FDI
Topics: International Trade
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