Question

Himark Enterprises has foreign operations in Taiwan, India, and China. The firm pays an annual insurance premium to the Overseas Private Investment Corporation. The firm is most likely protecting itself from ________.

Answer 1

nationalization

Step-by-step explanation:

Nationalization -

It refers to the method converting the private assets into public assets , which will now be owned by the national government or the state , is referred to as the nationalization .

The process of nationalization is the exactly reverse of privatization or demutualization which is conversion of the public asset to private .

Hence , from the given information of the question ,

The correct answer is nationalization .