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understanding of markets, foreign clients, competition, knowledge of the documents and certificates necessary for an export … product with characteristics of innovation that generates better export results and, therefore, have a competitive position …
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In this paper we study the choice between exporting and foreign direct investment (FDI) in the Cournot duopoly framework. First, we identify the conditions necessary for exporting and FDI, depending on costs of exporting and the cost of foreign investment. Then, we discuss various...
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