题目内容
In oligopolistic industries, imitative behavior by rival firms characterizes FDI.
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Vernon’s product life-cycle theory suggests that firms which undertake FDI at particular stages in the life cycle of products have the most advantage.
Forward vertical FDI may be explained as an attempt to create barriers to entry by gaining control over the source of material inputs into the downstream stage of a production process.
The market imperfections approach suggests that vertical FDI is a way of reducing a firm’s exposure to the risks that arise from investments in specialized assets.
Vertical FDI accounts for the majority of FDI in the world.
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