The globalization of world markets has been accompanied by a rapid growth of FDI by small and medium-sized firms.
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FDI is expensive because of the problems associated with doing business in a different culture.
A. 对
B. 错
In oligopolistic industries, imitative behavior by rival firms characterizes FDI.
A. 对
B. 错
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.
A. 对
B. 错
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.
A. 对
B. 错