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45 TRANSNATIONAL COMPANIES AND FOREIGN DIRECT INVESTMENTS
unpublished
Foreign direct investments (FDI), especially those of transnational companies, take shape through the transfer of modern technology including machinery and fixtures, precise technical documentation and know-how flows (technical and managerial assistance) as well as creating new work places. All this make the direct foreign investments an advantage for both the investing countries and host countries. For the investing countries the advantages materialize first through the use of cheap
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