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book Global Business Today 6th Edition by Charles Hill cover

Global Business Today 6th Edition by Charles Hill

Edition 6ISBN: 978-0071083812
book Global Business Today 6th Edition by Charles Hill cover

Global Business Today 6th Edition by Charles Hill

Edition 6ISBN: 978-0071083812
Exercise 9
Compare and contrast these explanations of FDI: internalization theory, Vernon's product life cycle theory, and Knickerbocker's theory of FDI.Which theory do you think offers the best explanation of the historical pattern of horizontal FDI? Why?
Explanation
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Internalization theory: firms use foreig...

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Global Business Today 6th Edition by Charles Hill
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