Which branch of economic theory seeks to explain why firms often prefer foreign direct investment over licensing as a strategy for entering foreign markets?
A) internalization theory
B) product life-cycle theory
C) multipoint competition theory
D) strategic behavior theory

Question

Quizplus · Accepted Answer

A branch of economic theory known as internalization theory seeks to explain why firms often prefer foreign direct investment over licensing as a strategy for entering foreign markets.

Which Branch of Economic Theory Seeks to Explain Why Firms