Which branch of economic theory seeks to explain why firms often prefer FDI 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 strategy for entering foreign markets.

Which Branch of Economic Theory Seeks to Explain Why Firms