Keywords: Horizontal FDI
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Journal Articles
International Journal of Emerging Markets (2023) 18 (10): 3824–3846.
Published: 06 December 2021
... and cultural proximity. It is because shared borders or common official languages would reduce information costs and enhance information flows. Also, investors consider horizontal FDI (with motivation to expand market demand) as one of main modes of entry into a foreign market and a substitute for export...

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