Multiple Choice
The liability of foreignness is:
A) The inherent disadvantage foreign firms experience in host countries.
B) Related strictly to the formal institutions that govern the way business is done in a foreign country.
C) A challenge when it comes to resource supply but not to competitive advantage.
D) Irrelevant in the process of entering foreign markets.
Correct Answer:

Verified
Correct Answer:
Verified
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Q10: The differences in formal and informal institutions
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