So far in this section, we have looked at the historical role that services have played on a global scale in facilitating cross-border trade in goods and the outcomes for services-based firms that also export their services. Now, we are just going to take a brief moment to also discuss foreign direct investment (FDI) in the services sector.
With this knowledge, we will be able to:
- At least start examining FDI as a potential international market entry strategy, especially for a company demonstrating continued growth and success as a services exporter.
Research Report: FDI in business and professional services in 2021: The state of play
Research Report: Foreign Direct Investment in Latin America and the Caribbean Rose by 55.2% in 2022, Reaching a Historic High