Which of the following provides a good explanation of why multinational firms exist?
A)Location factors that favor exporting over foreign production
B)The need to shift financial capital between countries
C)Internalization advantages that favor direct investment over contracting with independent foreign firms
D)Firms lack inherent knowledge of foreign laws, procedures, and practices.

Question

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The Answer of Which of the following provides a good explanation of why multinational firms exist?
A)Location factors that favor exporting over foreign production
B)The need to shift financial capital between countries
C)Internalization advantages that favor direct investment over contracting with independent foreign firms
D)Firms lack inherent knowledge of foreign laws, procedures, and practices.

Which of the Following Provides a Good Explanation of Why