Unlike the theory of international trade or the theory of international portfolio investment,
A)we do not have a well-developed, comprehensive theory of FDI.
B)the comprehensive theory of FDI focuses on mean-variance efficiency.
C)the comprehensive theory of FDI is an arbitrage argument, like interest rate parity.
D)none of the above

Question

Quizplus · Accepted Answer

While there are well-developed and comprehensive theories of international trade and international portfolio investment, we do not have an equivalent theory for foreign direct investment.

Unlike the Theory of International Trade or the Theory of International