Explain Location Advantages for Firms Engaging in Foreign Direct Investment

question 52

Essay

Explain location advantages for firms engaging in foreign direct investment (FDI)and agglomeration advantages.

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Definitions:

Off-the-job Paid Leaves

Time off from work that employees are granted for various reasons, such as vacation, illness, or personal matters, with compensation.

Family and Medical Leave Act

A U.S. labor law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical and family reasons.

Preexisting Employee Health Insurance

Insurance coverage that includes benefits for health conditions an employee had before joining the insurance plan.

Leave Period

A specific duration of time granted to an employee to be away from work for various reasons, such as vacation, illness, or personal matters.