The specific foreign industry where privatization is considered to be the most important factor. Introduction: Foreign Industry: It is an industry where capital flows from one country to another and it grants extensive ownership stakes in domestic corporations and assets. Privatization: It refers to the process of transferring ownership of a business from the government or public sector to the private or non-government sector.

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Chapter 14, Problem 2DQ

Summary Introduction

To explain: The specific foreign industry where privatization is considered to be the most important factor.

Introduction:

Foreign Industry:

It is an industry where capital flows from one country to another and it grants extensive ownership stakes in domestic corporations and assets.

Privatization:

It refers to the process of transferring ownership of a business from the government or public sector to the private or non-government sector.

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