However, _______________ is needed to explain why firms prefer FDI to licensing or exporting. _ is preferable to ____ and FDI as long as transportation costs and trade barriers are low.

Fill in the blank(s) with the appropriate word(s).

Answer: internalization theory, Exporting, Licensing

Business

Non conversation is a way to describe the amount of actual conversation in:

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Business

Which sourcing strategy is particularly common when the products being sourced are commodities?

A) few suppliers B) many suppliers C) keiretsu D) vertical integration E) virtual companies

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Business

However, ___________________ is needed to explain why firms prefer FDI to licensing or exporting. _________ is preferable to ________ and FDI as long as transportation costs and trade barriers are low.