Which of the following theories seems most appealing?
International Product life cycle - A company will begin by exporting it product and later undertake foreign direct investments.
Market Inperfections - When imperfections in the market makes a transaction leff efficient than it could be
Eclectric Theory - Firms ndertake foreign direct investments when the features of a particular location combine with ownership and internalization advantags to make a location appealing for investments.
Market Power - A firm tries to establish a dominant market presence in an industry.
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