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A Main Shortcoming of the Oligopolistic Reaction Hypothesis of FDI

Question 11

Multiple Choice

A main shortcoming of the oligopolistic reaction hypothesis of FDI is:


A) that it is based on the assumption of oligopolistic markets which do not exist in reality.
B) that it assumes oligopolistic rather than perfect competition.
C) its conclusion that FDI is self-limiting.
D) that there is no empirical support for it.

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