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________Blank is a cost-effective way that many companies outsource the production of goods, such as smartphones and footwear. The domestic firm contracts with a foreign

________Blank is a cost-effective way that many companies outsource the production of goods, such as smartphones and footwear. The domestic firm contracts with a foreign company to produce and private-label the goods because the price is much cheaper than the domestic firm could produce in its home market. Multiple Choice Foreign direct investment Contract manufacturing Exporting Franchising

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