题目内容
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.
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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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