To: Choose Ye This Day
If Toyota opens up a manufacturing plant in Tennessee, and hires 400 workers, that's insourcing.
But that's NOT Foreign Direct Investment,You are wrong.
It IS Foreign Direct Investment.
FDI includes corporate activities such as businesses building plants or subsidiaries in foreign countries, and buying controlling stakes or shares in foreign companies. It doesn't include short term capital flows, such as the portfolio investments of "emerging market" mutual funds.
source
43 posted on
10/13/2004 11:18:32 AM PDT by
Willie Green
(Go Pat Go!!!)
To: Willie Green
According to your neo-leftist source.
The Democratic Leadership Council, and its affiliated think tank the Progressive Policy Institute, have been catalysts for modernizing politics and government.
45 posted on
10/13/2004 11:45:24 AM PDT by
Choose Ye This Day
(I think John Kerry should be President.........of the European Union.)
To: Willie Green
Again, Willie, building a plant in the U.S. with capital from overseas is "foreign direct investment." The wages that foreign subsidiary pays is not, as you attempted to suggest.
56 posted on
10/13/2004 1:38:06 PM PDT by
1rudeboy
To: Willie Green
If those mutual funds are purchasing newly issued company shares than the hell it doesn't.
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