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3. Firms undertake FDI when a. they have ownership advantages that they can exploit abroad. b. the host country offers locational advantages that the MINE

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3. Firms undertake FDI when a. they have ownership advantages that they can exploit abroad. b. the host country offers locational advantages that the MINE wishes to tap into. c. they see benefits of internalizing operations at home and abroad in one firm. d. all the above conditions are met simultancously

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