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4. The following diagram shows a rm contemplating supplying an overseas market with an anticipated market demand curve DIn It believes it has two options,

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4. The following diagram shows a rm contemplating supplying an overseas market with an anticipated market demand curve DIn It believes it has two options, exporting (X) direct to customers, or engaging in foreign direct investment (FDI) in a host nation. QFDI QX Q 0 (a) Why do the long run average and marginal cost curves (LAC and LMC) of exporting and FDI slope downwards

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