The argument that firms prefer FDI over licensing to retain control over know-how, manufacturing, marketing, and strategy or because some firm capabilities are not amenable to licensing constitutes the:

A. comparative advantage theory.

B. distribution theory.

C. new trade theory.

D. internalization theory.

E. licensing theory.

D

Business

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The total-return approach concentrates solely on capital gains over the long term

Indicate whether the statement is true or false.

Business

Which strategy applies to investors who fund long-term goals with high-quality stocks which they retain for the entire investment period?

A) quality long-term growth B) buy and hold C) speculation D) current income

Business