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Global Business Today 8th Edition by Charles Hill
Edition 8ISBN: 978-0078112621Global Business Today 8th Edition by Charles Hill
Edition 8ISBN: 978-0078112621 Exercise 23
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 FDI? Why?
Explanation
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Internalization theory: firms use foreig...
Global Business Today 8th Edition by Charles Hill
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