What Is the Nature of the Proximity-Concentration Tradeoff That Firms

question 13

Essay

What is the nature of the proximity-concentration tradeoff that firms have to deal with then making decisions regarding foreign direct investment?

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Definitions:

Odometer

A device used in vehicles to measure and display the total distance the vehicle has traveled.

Rescind

To revoke, cancel, or repeal a contract, agreement, or law.

Agreement

A mutual understanding or arrangement between two or more parties, typically involving a contract or commitment.

Altered

Changed in form or character, typically in a way that improves or modifies the original.