Question: With reference to Figure 1 1 . 1 , identify a sheltered industry one that has been subject to little penetration either by imports or

With reference to Figure

11.1,

identify a sheltered industry

one that has been subject to little penetration either by imports or foreign direct investment. Explain why the industry has escaped internationalization. Explore whether there are opportunities for profitable internationalization with in the industry and, if so

,

the strategy that would offer the best chance of success.

With reference to Figure 11.1, identify a sheltered industry one that

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