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When I gave yo in class the cases of the companies Billabong as well as Kia and Hyundai, what was the chief problem...* They did not expected the increase in local competition that would result from FDI* All were threatened with hostile takeovers by corporate raiders* They had not anticipated changes in foreign exchange rates* They experienced significant losses in his countries due to the liability of foreignness* They were compelled to set up operations in one of the EU countries to avoid paying high tariffs

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