When a company directly invests in properties such as plant and machinery in foreign countries, ________ takes place. (Fill in the blank by choosing correct option)
a) Portfolio investment
b) Indirect Exporting
c) Direct Investment
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(a) Portfolio Investment
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Answer:
Indirect Exporting
Explanation:
service tax, central excise, customs etc, are another type of indirect tax. This type of tax is not directly taken from the public but their burden on public after time passes. In these types of tax our product is direct sells to the customer.in this type of tax, the product is also directly sold to the wholesaler. The simplest method for indirect export to sell our product to another country.
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