Coca-Cola has invested in bottling plants all over the world rather than licensing local firms
A) because the foreigners can't be trusted to follow the secret recipe.
B) because Coca-Cola wanted to protect the formula for its famous soft drink.
C) because of the internalization theory of FDI.
D) both b and c
Correct Answer:
Verified
Q39: Such products as mineral ore and cement
Q40: Why do governments regulate international trade?
A)To raise
Q41: According to the internalization theory of FDI
A)firms
Q42: According to Raymond Vernon (1966),
A)U.S. firms undertake
Q43: Also, MNCs often find it profitable to
Q45: In the 1960s, Coca-Cola, which had bottling
Q46: MNCs may undertake overseas investment projects in
Q47: The boomerang effect
A)the possibility that if the
Q48: FDI vertical integration is backward
A)when FDI involves
Q49: What kind of integration is vertical integration?
A)When
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