A low-cost, no-frills grocery store chain that began in the United States decided to open similar stores in Germany which did not have any stores like this. What type of FDI is this company using
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A greenfield investment is the type of Foreign direct investment used by the grocery store chain that began in the United States but decided to open similar stores in Germany.
What is a greenfield investment?
A greenfield investment means a foreign portfolio whereby company merely buys the stocks or bonds of an existing company.
Thus, the greenfield investment is the type of Foreign direct investment used by the grocery store chain.
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