_____ refers to the replacement of cross-border markets with one firm locating in two or more countries.

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Internalization refers to a firm's decision to produce goods and services within its own boundaries instead of outsourcing or relying on cross-border markets. This is often achieved by locating in two or more countries, allowing the firm to benefit from various location advantages while maintaining ownership control. Ownership advantage refers to a firm's unique assets, such as technology or brand recognition, that give it a competitive advantage, while agglomeration refers to the clustering of firms in a particular geographic location to share resources and benefits.

_____ Refers to the Replacement of Cross-Border Markets with One