According to the eclectic theory, an internalization advantage is the advantage that arises from internalizing a business activity rather than leaving it to a relatively inefficient market.

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According to the eclectic theory, an internalization advantage arises when a firm internalizes a business activity rather than leaving it to a relatively inefficient market. Therefore, the statement is true.

According to the Eclectic Theory, an Internalization Advantage Is the Advantage