Under ____ agreements, goods produced in one country are shipped to the parent company's storage and marketing facilities located in one or more foreign countries.

A) exporting
B) local warehousing and selling
C) local assembly and packaging
D) licensing
E) foreign direct investment

Parent Company

A corporation that owns enough voting stock in another firm to control its management and operations by influencing or electing its board of directors.

Foreign Direct Investment

An investment made by a firm or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country.