The eclectic paradigm specifies three conditions that determine whether a company will internationalize via FDI. Which of the following refer(s) to one of those conditions?

Question

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The eclectic paradigm, also known as the OLI framework, identifies three conditions for a firm to engage in foreign direct investment (FDI): ownership advantages, location-specific advantages, and internalization advantages. Among the options given, only "location-specific advantages" directly refers to one of these conditions.

The Eclectic Paradigm Specifies Three Conditions That Determine Whether a Company