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A form of foreign direct investment, where a domestic company purchases a company in a foreign country to produce a similar product or service is a: Group of answer choices licensor. joint venture. foreign subsidiary. host company.

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A form of foreign direct investment, where a domestic company purchases a company in a foreign country is a foreign subsidiary.

What is Foreign subsidiary?

This is a business enterprise which involves a company owning to some degree another in another country.

This type of subsidiary involves the both of them producing the same type of goods and service.

Read more about Foreign subsidiary here https://brainly.com/question/21497065

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