“…In addition, firms with strong competencies that are developed at home can utilize these in international markets (Bartlett & Ghoshal, 1989). Moreover, multinational firms can gain additional competitive advantages by exploiting market imperfections (such as a less competitive environment) and cross-border transactions (such as transfer pricing) and can also achieve a greater bargaining power with increased size (Sundaram & Black, 1992). In addition, other advantages derive from greater learning or international experience (Kobrin, 1991); access to cheaper and idiosyncratic resources in foreign countries (Porter, 1990); global scanning of rivals, markets, and other profit opportunities and from better cross-subsidization, price discrimination, and arbitrage potential with larger geographic scope (Contractor et al, 2003).…”