GEB MCQ
GEB Chapter 3
You are an American business owner operating a steel mill in a foreign country. After a violent revolution, the country's new govt determines that your mill should be nationalized. It seizes the company, but offers you fair market value in cash for its assets. In which of the following has the country engaged?
You are an American business owner operating a steel mill in a foreign country. After a violent revolution, the country's new govt determines that your mill should be nationalized. It seizes the company, but offers you fair market value in cash for its assets. In which of the following has the country engaged?
You are an American business owner operating a steel mill in a foreign country. After a violent revolution, the country's new govt determines that your mill should be nationalized. It seizes the company, but offers you fair market value in cash for its assets. In which of the following has the country engaged?
A. Confiscation
B. Nationalization
C. Expropriation
D. Repatriation
E. Privitization
Answer: C
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