In the late 1980 s and early 1990s, many Japanese financial institutions and firms from a varicty
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In the late 1980 s and early 1990s, many Japanese financial institutions and firms from a varicty of industries invested in U.S. real estate such as hotels, office buildings, and golf courses. Such property was cheap in Japanese eyes, relative to comparable properties in Japan. Did these foreign investments by large Japanese firms fir into the competitive advantage categories suggested at the beginning of this chapter? What do you suppose was the driving force behind such investments?
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Multinational Business Finance
ISBN: 9780201635386
9th Edition
Authors: David K. Eiteman, Michael H. Moffett, Arthur I. Stonehill, Denise Clinton
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