In the third stage (multinational stage) of international development, a company typically shifts its interest from domestic activity to exporting.

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In the third stage of international development, a company typically expands its international presence and invests in foreign markets to establish subsidiaries and joint ventures. This stage is known as the multinational stage, and it involves more than just exporting. The company may also engage in local production and marketing activities to tailor its offerings to each foreign market.

In the Third Stage (Multinational Stage) of International Development, a Company