In 2007, the French automaker Renault, together with Nissan, bought a 10% stake in Russia’s largest carmaker, Avtovaz, and it has continued to increase its ownership in the company, which now stands at 70%. This is an example of what? A.Structural adjustment programs B.Washington Consensus C.Foreign direct investment D.Sovereign lending

In 2007, the French automaker Renault, together with Nissan, bought a 10% stake in Russia’s largest carmaker, Avtovaz, and it has continued to increase its ownership in the company, which now stands at 70%. This is an example of what? A.Structural adjustment programs B.Washington Consensus C.Foreign direct investment D.Sovereign lending

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter20: The Global Economy

Section: Chapter Questions

Problem 5AA

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