Sales of
services through foreign affiliates of multinational companies.
Services sold in international markets through the channel of
direct
investment. From the U.S. viewpoint, it consists of sales of
services to foreigners by
foreign
affiliates of U.S. companies and U.S. purchases of services from
other countries’
U.S.
affiliates. It is one of two channels in the delivery of
services in international markets; the other is
cross-border
trade in services.