The Monopolistic Advantage Theory Suggests That Firms in Oligopolistic Industries

question 57

Multiple Choice

The monopolistic advantage theory suggests that firms in oligopolistic industries are likely to _______________foreign direct investment when they have technical and other advantages over indigenous firms.

• A)increase
• B)reduce
• C)ignore
• D)not change
• E)exceed

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Definitions:

Genetic

Relating to genes or heredity.

Perceptual

Related to the interpretation or understanding of sensory information.

Physiological Perspective

A viewpoint in psychology focusing on the biological bases of behavior, emphasizing the role of the brain, genetics, and neurochemical processes.

Humanistic

Pertaining to a perspective within psychology that emphasizes the study of the whole person and the uniqueness of human experience and potential.