Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Historically, foreign direct investment has followed foreign trade because: A ) foreign trade is less costly and less risky. B ) management can expand the

Historically, foreign direct investment has followed foreign trade because:
A) foreign trade is less costly and less risky.
B) management can expand the business in large increments.
C) the firm has already set up an export department and has hired sales representatives to live in overseas markets.
D) the firm has already established its own sales company to import in its own name.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International And Global Strategy Strategic Management 6

Authors: Torben Pedersen

1st Edition

1848442343, 978-1848442344

More Books

Students also viewed these General Management questions