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Why do Multi-National Enterprises (MNEs) undertake foreign direct investment (FDI) instead of exporting to the nation? What are the different levels of FDI in terms

Why do Multi-National Enterprises (MNEs) undertake foreign direct investment (FDI) instead of exporting to the nation? What are the different levels of FDI in terms of financial investment/commitment between exporting and a totally owned subsidiary and what factors influence which level of FDI a MNE would choose when doing FDI?

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