Which mode of foreign market entry requires the most amount of equity and therefore creates the greatest risk?

Name: Which mode of foreign market entry requires the most amount of equity and therefore creates the greatest risk?
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Question

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Direct foreign investment requires a company to establish a physical presence in another country, such as through the construction of facilities or acquisition of assets, involving a significant amount of equity and carrying the greatest risk among the options listed.

Which Mode of Foreign Market Entry Requires the Most Amount