In: Economics
1. Define the following I/B terms: (You can give example to clarify)
Foreign Direct Investment __________ MNO_______ MNC______
Home Country______ Host Country ______
Trade Surplus ______
Trade Deficit ________ _
BOP ______________
FCPA_________________________
CSR________________
FPI________
Foreign direct investment = It is an investment made by an individual or a firm in one country into a business and is located in another country. For example , Apple company of US who opened their stores in India
MNC means multinational corporation which is a corporate organization which controls the production of products or services in one or more than one Country other than domestic country .for example coca cola
Home country = home country is the country in which the headquarters of the company is located
Host country = It is the Foriegn country in which the a company does it's investment
Trade surplus = it is an economic measure of positive balance of trade wherein Exports of country exceeds imports of country
Trade deficit= it is an economic measure of negative Balance of trade wherein imports of country exceeds Exports of country
BOP = It stands for balance of trade which is an statement of transaction which is done between entities of one country and rest of the world in definite period of time.