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According to eclectic theory of Dunning, FDI could be of four types: market seeking, resource seeking, efficiency seeking and strategic asset seeking. Market seeking factors of FDI such as market size, market growth, structure of domestic market, etc. aim at penetrating the local markets of host countries. While resource seeking investments are made in order to have access to cheap raw material, pool of labor, infrastructure, etc. New sources of competitiveness, economies of scope anddoi:10.5539/ijbm.v6n11p219 fatcat:mhdy3ucud5gypdnrt3vizmojiq