The Argument That Firms Prefer FDI Over Licensing to Retain

question 41

Multiple Choice

The argument that firms prefer FDI over licensing to retain control over know-how,manufacturing,marketing,and strategy or because some firm capabilities are not amenable to licensing constitutes the

• A)comparative advantage theory.
• B)distribution theory.
• C)new trade theory.
• D)internalization theory.
• E)licensing theory.

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Definitions:

Social Construction

A concept or perception of something that is based on the collective agreement and interpretation of individuals within a society.

Hijras

In South Asian countries, a term used for transgender individuals, eunuchs, intersex people, and transvestites, often recognized as a third gender.

Microaggressions

Everyday uses of subtle verbal and nonverbal communications that convey denigrating or dismissive messages to members of certain social groups.

Discrimination

Unfair treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.