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. MNCs - Merits and Demerits 2.

International Strategies (Ethnocentric, Polycentric, Regiocentric and Geocentric) and Market entry strategies (Export, Licensing and Franchisee and the whole lot) 115,16 3. Product Life cycle (Raymond Vernon's Theory) 238 4. Globalization - Driving and Restraining forces 136 5. FDI's importance for the Host country and Home country 6. WTO - Objectives and its achievements and problem areas 7. Porters Diamond Theory244

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