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I. Direct foreign investment: Time of change: For more than two decades, direct foreign investment (DFI) and its bearer, multinational corporations (MNC), have continued to attract great attention from the public. This is because overseas expansion of enterprises has been recognized as vital and as indispensable as, or even more important than, international trade for the management and prosperity of the world economy.
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Kiyoshi Kojima (1986) studied this question.
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