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International Business, 2nd Edition by Pearson
book

International Business, 2nd Edition by Pearson

by Sumati Varma
December 2015
Intermediate to advanced
313 pages
16h 2m
English
Pearson India
Content preview from International Business, 2nd Edition by Pearson
International Balance of Payments 161
the claim represents: portfolio investment, where the investor has no control, or direct investment, where
the investor exerts some explicit degree of control over the assets.
The major sub-categories of India’s capital account balance are direct investment, portfolio invest-
ment, and other long-term and short-term capital.
Direct Investment: This is the net balance of capital flows into and out of a country for the purpose of
exerting control over assets. For example, if an Indian firm either builds a new automotive parts facility
in another country or purchases a company in another country, this would fall ...
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Publisher Resources

ISBN: 9789332547209