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Suppose that Goodwin Co., a U.S.-based MNC, observes that other U.S. based firms are earning high profits in the Philippines. As a result, Goodwin opens

Suppose that Goodwin Co., a U.S.-based MNC, observes that other U.S. based firms are earning high profits in the Philippines. As a result, Goodwin opens a factory in the Philippines as well.

Which of the following revenue-related motives best explains this direct foreign investment (DFI)?

use foreign factors of production

enter profitable markets

react to trade restrictions

exploit monopolistic advantages

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