Question: 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

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 within the industry and, if so, the strategy that would offer the best chance of success.

NOTE: DONOT COPY FROM PREVIOUS CHEGG ANSWERS AS THOSE ARE INCORRECT AND I WILL DISLIK EIF COPIED.

High TRADING INDUSTRIES GLOBAL INDUSTRIES automobiles shipbuilding military hardware diamond mining agriculture petroleum semiconductors . alcoholic beverages international Trade SHELTERED INDUSTRIES MULTIDOMESTIC INDUSTRIES house building laundries/dry cleaning hairdressing fresh milk frozen foods retail banking .hotels wireless telephony Low Low High Foreign Direct Investment

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