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Question
Which of the following is an advantage of turnkey projects as a mode of entry into foreign markets?
A. It helps create competition which in turn increases the quality of production.
B. It can be less risky than conventional FDI.
C. It is an ideal way to establish a long-term presence in a foreign country.
D. It helps protect the competitive advantage of process technology.
E. The firm that enters into a turnkey project with a foreign enterprise avoids giving rise to potential competitors.
Answer
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