Four types of distances are associated with the liability of foreignness: cultural, administrative, geographic, and economic.

Name: Four types of distances are associated with the liability of foreignness: cultural, administrative, geographic, and economic.
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Quizplus · Accepted Answer

The liability of foreignness refers to the inherent disadvantages that foreign firms experience in host countries, and these disadvantages can be categorized into cultural, administrative, geographic, and economic distances.

Four Types of Distances Are Associated with the Liability of Foreignness