According to the eclectic theory that explains fdi, an internalization advantage is the advantage of locating a particular economic activity in a specific location because of the characteristics of that location

This statement is False

Explanation:

The eclectic theory is a business strategy that analyses whether a company can invest directly in foreign affairs.

A systemic economic model defines whether a business can develop overseas by means of FDI. The hybrid method is a philosophy to be practised by businesses in three phases. When determining whether to spend abroad, they follow the structure.

The theory of eclectic paradigm gives a foreign corporation three types of benefits:

1. Ownership.

2. Location.

3. Internalisation.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

okay lol !