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Question
Location-specific advantages for a firm are those that arise from:
A. acquiring the home markets of foreign firms that threaten a firm's domestic market.
B. gaining a commanding position in one market and using them to subsidize competitive attacks in other markets.
C. preferring exporting over licensing in order to retain control over know-how, manufacturing, marketing, and strategy.
D. utilizing resource assets that are tied to a particular foreign location and valuable enough to be combined with the firm's own unique assets.
E. franchising and licensing.
Answer
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