The product life cycle suggests that:
A) often the same firms that pioneer a product in their home markets undertake FDI to produce a product for consumption in foreign markets.
B) when a firm that is part of an oligopolistic industry expands into a foreign market,other firms in the industry will be compelled to make similar investments.
C) combining location-specific assets or resource endowments and the firm's own unique assets often requires FDI.
D) impediments to the sale of know-how increase the profitability of FDI relative to licensing.
Correct Answer:
Verified
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