Question: Compared to exporting and licensing, FDI is expensive because: A) of the high cost of labor in most countries B) a firm must bear the
Compared to exporting and licensing, FDI is expensive because:
A) of the high cost of labor in most countries
B) a firm must bear the costs of establishing production facilities in a foreign country or of acquiring a foreign enterprise
C) of high tariffs
D) of high tax rates worldwide
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