MNCs set up factories and offices for production. What is the money that is spent to buy assets such as land, building, machines and other equipment called as?
Answer & explanation
Correct answer: option 3
MNCs set up factories and offices for production. The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNCs is called foreign investment as these are the companies from other countries i.e. foreign nations thus, we term is at foreign investment.