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There are two theories related to where Foreign Direct Investment (FDI) would be invested; one of them is behavioral approach; it is that firms first

There are two theories related to where Foreign Direct Investment (FDI) would be invested; one of them is behavioral approach; it is that firms first invest into closer countries which is considered as synch. Explain how would this related to Saudi firms invested on other countries? Do you think this theory applied to Saudi firms or they usually invest on western countries?

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