________ refers to the possibility of export revenue when a foreign market is served by direct foreign investment and the former exports to that market are unable to be sold elsewhere.

Question

________ refers to the possibility of export revenue when a foreign market is served by direct foreign investment and the former exports to that market are 	unable to be sold elsewhere.

Quizplus · Accepted Answer

Cannibalization of exports refers to the situation where local sales of a company's exports are threatened by direct foreign investment in a foreign market. This can lead to a loss of export revenues for the company. However, if the company is able to sell its goods in the foreign market through direct foreign investment, it can offset the loss of export revenues and potentially generate additional revenue. Therefore, cannibalization of exports can also represent an opportunity for the company to expand its market share and increase profits.

________ Refers to the Possibility of Export Revenue When a Foreign