Based on Observations of Firms That Have Successfully Invested Abroad

question 3

Multiple Choice

Based on observations of firms that have successfully invested abroad, we can conclude companies are more competitive when:

• A) facing sophisticated and demanding customers in the home market.
• B) surrounded by a critical mass of related industries and suppliers.
• C) located in countries that are naturally endowed with the appropriate factors of production.
• D) All of the above are true.

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Definitions:

Colonization

The practice of establishing control over a foreign land and its people, often leading to exploitation and cultural imposition.

African Coast

Refers to the coastal regions of Africa, often in the context of historical trade routes, colonization, or the Atlantic slave trade.

Mississippians

People native to Mississippi, a state in the United States, or the ancient Native American culture known for constructing large earthen mounds in the Mississippi Valley region.

Pueblos

Indigenous communities in the Southwestern United States known for their unique adobe dwellings and cultural traditions.