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Despite Its Advantages,FDI Has Been Described as an "Expensive" and "Risky

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Despite its advantages,FDI has been described as an "expensive" and "risky" international growth strategy.Other things being equal,why is FDI expensive and risky? Compare the risks involved with FDI to the risks involved with exporting and licensing.

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FDI is expensive because a firm must bea...

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