A/n ________ would be an example of an owner-specific advantage for an MNE.
A)patent
B)economy of scale
C)economy of scope
D)all of the above

Question

Quizplus · Accepted Answer

A patent is a legal right granted by the government that prevents others from using, making, or selling a particular invention for a specific period of time. This provides the MNE with a competitive advantage in the market, as they are the only ones with the legal right to produce that particular product. This advantage is specific to the owner of the patent and cannot be replicated easily by competitors, making it an owner-specific advantage. On the other hand, economies of scale and scope are not owner-specific advantages but are rather factors that arise due to the size and scope of the MNE's operations.

A/n ________ Would Be an Example of an Owner-Specific Advantage