The top management team at the Kentucky-based Mumford Products collectively support the market imperfections approach. This means Mumford Products' top management team is most likely to
A. adopt a completely free market view.
B. understand why different nations import goods from other countries even when they are more capable of producing them efficiently.
C. express a preference for FDI over licensing as a strategy to enter foreign markets.
D. propagate the benefits of exercising protectionism coupled with partial adoption of free market approach.
E. abandon going overseas.
Answer: C. express a preference for FDI over licensing as a strategy to enter foreign markets