Discuss and compare the terms confiscation, expropriation, and domestication.
Confiscation is the seizing of a company's assets without payment. Expropriation occurs when the government seizes an investment but some reimbursement for the assets is made.
Domestication occurs when the host country gradually causes the transfer of foreign investments to national control and ownership through a series of government decrees by mandating local ownership and greater national involvement in a company's management.
The ultimate goal of domestication is to force foreign investors to share more of the ownership, management, and profits with nationals than was the case before domestication.
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GLOBAL MARKETING
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