In the context of foreign direct investment,which of the following statements is true of ownership advantages?
A) Firms can beat rivals abroad by acquiring the advantage of proprietary technology of manufacturing products.
B) Firms are able to engage in business abroad without setting up a manufacturing unit abroad.
C) Firms can engage in foreign business by selling a technology for a firm abroad.
D) Firms can trust foreign governments and stakeholders better than home country stakeholders.
Correct Answer:
Verified
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