Based on the internationalization process, economists observed that firms tended to invest first in countries that were not too far distant in psychic terms. Close psychic distance defined countries with a cultural, legal, and institutional environment similar to the home country.
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Q4: Which of the following is NOT true
Q7: A/n _ would be an example of
Q9: Investing in production facility in a country
Q10: Which of the following is NOT a
Q12: The I in OLI refers to an
Q14: Which of the following is an advantage
Q14: An example of economies of scale in
Q15: Which of the following is NOT a
Q16: The owner-specific advantages of OLI must be:
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Q29: Licensing is a popular form of foreign
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