While deciding whether or not to begin a construction project overseas, BuildBest learned that they would not be able to get permits for demolition until they paid a local city official a sizable fee in addition to the fees the city charges for the permit. This is an example of ________.

Respuesta :

Answer:

Nationalization

Explanation:

Nationalization is related to the control of a govt. to an organization or company. It generally happens without put any compensation. This has happened because of national control over the company or an organization. The main purpose of nationalization is to promote or develop a country. But this is the first concern risk for the company who doing business in foreign countries because the compensation has been seized by the government. It is the redirection of government revenue instead of private operators.