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Which one of the following constitutes a market imperfection and may explain the existence of Multinational firms? A. Restrictions such as tariffs imposed on cross-border
Which one of the following constitutes a market imperfection and may explain the existence of Multinational firms?
A. | Restrictions such as tariffs imposed on cross-border trade of goods and services | |
B. | Limited savings pools in national markets and barriers to access to foreign capital | |
C. | difficulties in transferring technology in arm's length transactions | |
D. | Comparative Advantage |
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