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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