A. Investment in existing companies through stock markets
B. Portfolio investment in bonds
C. Setting up of new production facilities from scratch
D. Mergers and acquisitions only
Answer: Option C
Solution (By JKSSB Mock Tests)
Greenfield investment is a form of foreign direct investment where a parent company establishes new operations and facilities in a foreign country from the ground up.
Explanation:
The Solow-Swan neoclassical growth model shows that long-run growth in per capita income is driven primarily by exogenous technological progress.
No comments yet. Be the first to start the discussion!