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Unlike the theory of international trade or the theory of international portfolio investment,
a.we do not have a well-developed, comprehensive theory of FDI.
b.the comprehensive theory of FDI focuses on mean-variance efficiency.
c.the comprehensive theory of FDI is an arbitrage argument, like interest rate parity.
d.none of the options

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  • 1. Unlike the theory of international trade or the theory of international portfolio investment, a.we do not have a well-developed, comprehensive theory of FDI. b.the comprehensive theory of FDI focuses on mean-variance efficiency. c.the comprehensive theory of FDI is an arbitrage argument, like interest rate parity. d.none of the options