Horizontal FDI is best described as which of the following?

• A. When a company invests in a foreign facility that is part of its supply chain.
• B. The purchase of purely financial assets in a foreign country without seeking management control.
• C. Entering into a joint venture with a foreign partner to diversify products.
• D. When a company opens a foreign facility to produce the same product it produces at home.

Answer: (D)